Which of the following is the sequence involved in which operating budgets link long- and short-term plans?
A)Short-term plans; Operational plans; Evaluate; Long-term plans.
B)Short-term plans; Operations plans; Evaluate; Revise.
C)Long-term plans; Short-term plans; Operational plans; Revise.
D)Long-term plans; Operational plans; Evaluate; Revise.
E)None of the above.

Question

Quizplus · Accepted Answer

Long-term plans serve as the basis for developing operational plans, which in turn inform short-term plans. Once operational plans are put into action, they are evaluated to determine their effectiveness in achieving the long-term goals. Based on the results of the evaluation, revisions can be made to the operational and short-term plans, ensuring that they remain aligned with the long-term plans. Therefore, the correct sequence is Long-term plans; Operational plans; Evaluate; Revise.

Which of the Following Is the Sequence Involved in Which