Question

Explain strategic operational and tactical planning with the help of examples also explain the short differ

Answer 1

Strategic plan is required for examining the position of the business i.e. where it is and where it wants to reach and how. In tactical plans is required for achieving long range goals by sale, developing a new product and marketing. Operational planning is required for managing day to day business smoothly.

Answer 2

Explanation:

Answer:

Strategic Planning is concentrated towards attaining the long-term objectives of business. On the other hand, operational planning is done to achieve short-term objectives of the company. These are used to set priorities and align the resources, in such a way that leads to the accomplishment of business goals.