The process of developing actions for various functions within a business to support implementation of a strategic plan is called ________ planning.
A) product
B) tactical
C) portfolio
D) target
E) market

Question

Quizplus · Accepted Answer

Tactical planning involves developing action plans for implementing strategic plans. Product planning focuses on developing and launching new products. Portfolio planning involves managing a company's product portfolio. Target planning involves setting specific goals for different areas of the business. Market planning involves developing marketing strategies to promote products or services.

The Process of Developing Actions for Various Functions Within a Business