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 78 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?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Some mangrove islands in the Florida Keys, which number in the thousands, are convenient places to t Some mangrove islands in the Florida Keys, which number in the thousands, are convenient places to t
Rebound Tenderness, Apply Firm Pressure to the Abdomen Rebound Tenderness, Apply Firm Pressure to the Abdomen
Number of lower molar cusps is one of the features used to distinguish sundadonts from sinodonts. Number of lower molar cusps is one of the features used to distinguish sundadonts from sinodonts.
The lemurs rediated into a variety of forms, including the sifaka. The lemurs rediated into a variety of forms, including the sifaka.
The Location and Number of Food- and Beverage-Processing Facilities The Location and Number of Food- and Beverage-Processing Facilities
Food service businesses Food service businesses
Video: Bone elongation - processes at the epiphyseal plate

For a complete list of videos, visit our video library