The operating plan defines the course of action needed to achieve a stated goal.

Question

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The goal should be followed by an action plan, which defines the course of action needed to achieve the stated goal, such as a marketing plan or sales plan.The operating plan, which is typically designed for a 1-year period, defines how you will conduct your business based on the action plan; it identifies clear targets such as revenues, cash flow, and market share.

The Operating Plan Defines the Course of Action Needed to Achieve