### Understanding Business Plans: Multiple-Choice Question**Question:**Plans that are implemented by middle managers that explain how the company will use resources, budgets, and people from 6 months to 2 years is a _______.**Options:**- a. Standing Plan- b. Strategic Plan- c. Budget Plan- d. Tactical Plan- e. Contingency Plan**Explanation:**This question tests your understanding of different types of business plans used within a company. The correct answer will identify the type of plan used by middle managers for guiding short to medium-term goals, typically ranging from 6 months to 2 years. Choose the option you believe best fits this description.

Plans that are implemented by middle managers that explain how the company will useresources budgets, and people from 6 months to 2 years is a O a. Standing Plan O b. Strategic Plan O. Budget Plan Tactical Plan d. O e. Contingency Plan

Plans that are implemented by middle managers that explain how the company will useresources budgets, and people from 6 months to 2 years is a O a. Standing Plan O b. Strategic Plan O. Budget Plan Tactical Plan d. O e. Contingency Plan

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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