Where would a divisional manager look to find the targets she is expected to reach in the next fiscal year?

Question

Quizplus · Accepted Answer

The operating budget typically sets targets for revenue, expenses, and profits for the division for the next fiscal year. Strategic plans provide direction for achieving long-term goals but do not necessarily include specific targets for the upcoming fiscal year. Capital budgets outline planned investments in assets such as equipment or facilities. Strategic formulation involves the development of strategies to achieve long-term goals and does not provide specific targets for the upcoming fiscal year.

Where Would a Divisional Manager Look to Find the Targets