What is the difference between strategic planning and operational planning?
A) Strategic planning sets out strategies for the business to achieve long-term growth and other goals, while operational planning covers the day-to-day operations of the business.
B) Strategic planning covers the short-term day-to-day workings of a business, while operational planning sets out long-term goals.
C) Strategic plans are for one year or less and have very specific objectives, while operational plans are more vague and long-term.
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

Strategic planning is focused on setting long-term goals and strategies for the business to achieve growth or other objectives. This includes decisions on resource allocation, market positioning, and other high-level considerations. Operational planning, on the other hand, is focused on the day-to-day activities and processes needed to meet those strategic goals. This includes decisions on staffing, production processes, and other operational aspects of the business.

What Is the Difference Between Strategic Planning and Operational Planning