_______________ planning keeps organizations flexible by making small, simultaneous investments in many alternative plans.
A)Business
B)Tactical
C)Operational
D)Options-based

Question

Quizplus · Accepted Answer

Options-based planning involves making small, simultaneous investments in multiple alternative plans in order to keep an organization flexible and adaptable to changing conditions. This approach can help organizations to be better prepared to deal with uncertainties and unexpected events, as they have a variety of potential responses already in place. It is particularly useful in rapidly changing and unpredictable environments. Business planning, tactical planning, and operational planning all involve different levels and types of planning, but they are not specifically focused on keeping an organization flexible through investment in multiple alternatives.

_______________ Planning Keeps Organizations Flexible by Making Small, Simultaneous Investments