Generally, _____ planning is undertaken by top executives in a company.

Question

Quizplus · Accepted Answer

Strategic planning refers to long-term planning that aims to define the direction of the organization and allocate resources accordingly. This type of planning is typically done by top executives who have a broader understanding of the company's goals and objectives. Tactical planning, on the other hand, is short-term planning that is focused on achieving specific objectives, while operational planning is concerned with the day-to-day management of the organization. Contingency planning is a type of planning that involves preparing for unexpected events and circumstances.

Generally, _____ Planning Is Undertaken by Top Executives in a Company