After General Electric wrote a long-range plan designed to reduce the number of different
businesses the company was in, another plan was written that dealt specifically with selling
the small-appliance division to Black and Decker. What kind of plan is the second plan?
a. Strategic
b. Departmental
c. Functional
d. Operational
e. Tactical
Question 2Plans that have an extended time horizon and are concerned with scope, resource
deployment, competitive advantage, and synergy are called
a. strategic plans.
b. tactical plans.
c. operational plans.
d. departmental plans.
e. functional plans.