This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The firm's overall plan concerning the number of businesses it holds, the variety of markets or ... (Read 79 times)

segrsyd

  • Hero Member
  • *****
  • Posts: 530
on: Jul 6, 2018
The firm's overall plan concerning the number of businesses it holds, the variety of markets or industries it serves, and the distribution of resources among those businesses is referred to as the
 
  A) diversification strategy.
  B) functional strategy.
  C) corporate-level strategy.
  D) business-level strategy.

Question 2

What are tactical action plans? How do they differ from operational action plans?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

todom5090

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 6, 2018
Answer to Question 1

C

Answer to Question 2

Tactical action plans are developed at the division or department level. They specify the activities that must be performed, when they must be completed, and the resources a division or department will need to complete the portions of the strategic action plan under its purview. In general, tactical action plans cover a period of one to two years.

Line managers and employees directly responsible for individual tasks or activities are the ones who create operational action plans. These plans tend to be narrowly focused on resources, methods, time lines, and quality control issues for a particular kind of operation. In general, the time frame for operational action plans is shorter than for tactical action plans.


segrsyd

  • Hero Member
  • *****
  • Posts: 530
Reply #2 on: Jul 6, 2018
Correct answers!


todom5090

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Jul 6, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Over nearly 30 years, humans removed many polar bears for a variety of reasons, from a population in Over nearly 30 years, humans removed many polar bears for a variety of reasons, from a population in
Any number of crossovers gives 50 percent recombinants Any number of crossovers gives 50 percent recombinants
Young adulthood brings the greatest number of role transitions and highest levels of demands than ... Young adulthood brings the greatest number of role transitions and highest levels of demands than ...
One-handed kneading. Tissues are lifted with the whole hand in firm contact. One-handed kneading. Tissues are lifted with the whole hand in firm contact.
The distribution of the number of hours that a random sample of people spend doing chores per ... The distribution of the number of hours that a random sample of people spend doing chores per ...
What is the total number of valence electrons in a silicate ion, SiO32-? What is the total number of valence electrons in a silicate ion, SiO32-?
Video: Semidiscontinuous DNA replication

For a complete list of videos, visit our video library