Question

True or false The operating plan focuses on how a business plans to meet the goals...

True or false
The operating plan focuses on how a business plans to meet the goals and objectives contained in the strategic plan

Homework Answers

Answer #1

True

Operational plan is a process starts with strategic goals and objectives and ends with tactical goals and objectives. It explains how and what portion of strategic plan are achieved during the given operational time period. It describes time horizon, and the requirements to meet out a portion of strategic plan during a given operational period. Therefore, Operation plan is a business plan that helps to meet out the strategic goals and objectives that has been set forth in a strategic plan.

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