_____ planning done by toplevel managers involves establishing a vision for the company, defining longterm objectives and priorities, determining broad action steps,
And allocating resources.

Question

_____ planning done by top­level managers involves establishing a vision for the company, defining long­term objectives and priorities, determining broad action steps,
And allocating resources.

Quizplus · Accepted Answer

Strategic planning is done by top-level managers and involves establishing a long-term vision and objectives for the company, as well as determining the broad action steps needed to achieve them. Tactical planning involves the implementation of specific actions to achieve those objectives, while operational planning focuses on the day-to-day tasks and processes necessary to carry out those actions. Enrichment planning is not a commonly recognized type of planning in business management.

_____ Planning Done by Top­level Managers Involves Establishing a Vision

_____ Planning Done by Toplevel Managers Involves Establishing a Vision