There are several steps in the planning process. Review the variations shown in the table below. Which list is correct?A1. Analysis + mission strategy2. Mission + goals plans3. Operational goals > tactics4. Strategic plans > tactical plans5. Tactical goals > operational goals6. Strategic goals > operationalplansB1. Analysis + mission strategic goals2. Mission strategic goals > plans3. Strategic goals + plans > tactical goals4. Plans + tactical goals > tactical plans5. Goals tactical plans > operationalgoals6. Tactical plans + operational goals >plansWhich list of steps reflects the best order for the planning process?AOBсO Oс1. Tactical plans lead to strategic goals.2. Strategic goals lead to strategic plans.3. Plans are based on tactical goals.4. Plans are based on operational goals.5. Goals based on environmentalanalysis.6. Analysis determines the mission.

Planning is a crucial function of an organization. Appropriate planning helps an organization…

Answered: There are several steps in the planning…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

In the planning hierarchy, plans dealing with organization-wide objectives, long-term plans, and the total budget would be classed as a. annual plans. b. daily and weekly plans. c. operational plans. d. tactical plans. e. strategic plans.
Prepare a marketing plan for "Passenger drone" using the below rubric Table of Contents Part 1: Executive Summary Part 2: Market Analysis a. Competitors (direct/indirect, SWOT) b. Macro environment c. Micro environment Part 3: Objectives Part 4: Marketing Strategy a. Target market (segmentation and positioning) b. Marketing mix c. Advertisements (TV, Radio, Poster, Tri-Fold) Part 5: Action Plan a. Activity b. Responsibility c. Schedule d. Budget e. Evaluation
The production department discusses the sales plan with the marketing department head and take their sales plans for the next one year. Based on this the production department planned the production of goods into a weekly basis so that the department can buy materials for a week and achieve weekly objectives of production. This way they planned for a year. Identify the most suitable option for the type of plan. O a. Contingency plan O b. Single use plan O c. Operational plan d. Strategic plan
During planning, future dimension refers to Select one: a. The goals that must be accomplished in future b. What the business must determine what it wants to achieve by a specific date in the future. c. The goals that have been achieved in the past. d. The goals that determine the actions that are necessary, or the way in which they must be accomplished.
This type of operational planning may cover the medium‐term needs of the business including budgeting, the purchasing and supply system and organisation thereof, purchasing and supply methods, negotiation and development of human resources.(1) Strategic level planning.(2) Tactical or middle‐management planning.(3) Operations level planning.(4) Operational planning.(5) Short‐term planning. pick which fits the question
3.1 Discuss the importance of aligning the project and the company purchasing strategy. 3.2 Discuss why supply management has traditionally not been involved in the corporate strategic planning function.
12. Define the seven steps in the strategic planning process: a. Organizational mission: b. Strategic business units: c. Marketing objectives: d. Situational analysis: e. Marketing strategy: f. Tactical plans: g. Results:
1. The threat from substitutes is high when: a.Switching costs are high b.The substitutes are very similar c.Quality of substitute is lower d.Price of the substitute is similar 2..The starting point of scenario planning is the: a.Vision Statement b.Strategic Goal c.Key Focal Issue d.Scenario 3.In scenario planning, driving forces may be identified by: a.Interview with key stakeholder b.Porter’s Five Forces analysis c.STEEP analysis d.All of the foregoing
3) Identify the major difference between traditional objective setting and management by objectives.
Driving-forces analysis typically does not include determining whether forces are acting to make competition more or less intense. O determining whether forces are acting to strengthen or weaken market demand. ○ determining whether forces are acting to cause fundamental changes in industry conditions and/or the industry's competitiveness. ○ determining whether forces are acting to cause industry rivals to shift to a different strategic group. ○ determining whether forces are acting to raise or lower industry profitability.
Example of marketing plan. Executive summary: Present market situation: SWOT Analysis: Marketing Objectives Marketing Strategies: Marketing Programs in the marketing mix: Budget: Controls:
1) what is the Importance of problem formulationProblem definition & project objectives2. what are the steps in data science (analytics) problem solving approachExplain basic steps & important aspects

SEE MORE QUESTIONS

Recommended textbooks for you

Understanding Business

Management

ISBN:

9781259929434

Author:

William Nickels

Publisher:

McGraw-Hill Education

Management (14th Edition)

Management

ISBN:

9780134527604

Author:

Stephen P. Robbins, Mary A. Coulter

Publisher:

PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract…

Management

ISBN:

9781305947412

Author:

Cliff Ragsdale

Publisher:

Cengage Learning

Understanding Business

Management

ISBN:

9781259929434

Author:

William Nickels

Publisher:

McGraw-Hill Education

Management (14th Edition)

Management

ISBN:

9780134527604

Author:

Stephen P. Robbins, Mary A. Coulter

Publisher:

PEARSON

Spreadsheet Modeling & Decision Analysis: A Pract…

Management

ISBN:

9781305947412

Author:

Cliff Ragsdale

Publisher:

Cengage Learning

Management Information Systems: Managing The Digi…

Management

ISBN:

9780135191798

Author:

Kenneth C. Laudon, Jane P. Laudon

Publisher:

PEARSON

Business Essentials (12th Edition) (What's New in…

Management

ISBN:

9780134728391

Author:

Ronald J. Ebert, Ricky W. Griffin

Publisher:

PEARSON

Fundamentals of Management (10th Edition)

Management

ISBN:

9780134237473

Author:

Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo

Publisher:

PEARSON

SEE MORE TEXTBOOKS