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Business Management > Levels of planning > Flashcards

Levels of planning Flashcards

1
Q

What is TACTICAL planning?

A

Medium term planning 1-2 years, done by middle management.

- New product.

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2
Q

What is OPERATIONAL planning?

A

Short term planning day-to-day, done by front line managers.

- Rosters.

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3
Q

What is STRATEGIC planning?

A

Long term planning 3-5 years, done by senior management.

- Merger.

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Business Management (4 decks)

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