- 1 Marks
Question
The plan that explains how the business is structured, what resources are required, and how these resources are employed to achieve business objectives is:
A. Operational
B. Strategic
C. Budget
D. Marketing
E. Tactical
Answer
A. Operational
Explanation: An operational plan details the day-to-day activities, resources, and structure needed to achieve the short-term objectives of a business.
- Tags: Business Plan, Operational Planning, Resource management
- Level: Level 1
- Topic: Basic Management Functions
- Series: NOV 2014
- Uploader: Dotse