Strategic planning differs from operational planning in that strategic planning:
A) involves day-to-day activities.
B) is done by middle management.
C) often involves large investments.
D) would be involved in determining production levels for the next week.

Question

Quizplus · Accepted Answer

Strategic planning involves long-term planning and decision making, often involving large investments such as expansion into new markets or development of new products. Operational planning, on the other hand, involves day-to-day activities and determining production levels for the short-term.

Strategic Planning Differs from Operational Planning in That Strategic Planning