Mary has just formulated the annual budget for her department. She has outlined how the funds must be allocated and spent over the next one year. This would most likely be categorized as ________.

Question

Quizplus · Accepted Answer

Mary's formulation of the annual budget and outlining how the funds must be allocated and spent over the next year is an example of tactical planning, which involves developing specific, short-term actions that focus on the implementation of strategies.

Mary Has Just Formulated the Annual Budget for Her Department