A long-term time frame is most closely associated with a firm's:
A) operational plans.
B) tactical plans.
C) strategic plans.
D) mission plans.
E) tactical goals.

Question

Quizplus · Accepted Answer

A long-term time frame aligns with a firm's strategic plans, which focus on achieving the overall mission and vision of the organization through a variety of strategies and initiatives. Operational plans and tactical goals tend to focus on shorter time frames and specific tasks or objectives within the larger strategic framework.

A Long-Term Time Frame Is Most Closely Associated with a Firm's