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Commerce · Q232

Business Management

Graduate and Post Graduate · Commerce · question 232

Q232

_______Plans are made to achieve the overall organizational goals

A.
tactical plans
B.
strategic plans
Answer
C.
operational plans
D.
single use plans

Answer: Option B

Solution

Answer: Option B
Solution:
Strategic Plans are made to achieve the overall organizational goals. The purpose of strategic planning is to set your overall goals for your business and to develop a plan to achieve them. It involves stepping back from your day-to-day operations and asking where your business is headed and what its priorities should be.