​Differentiate Between Strategic Planning and Operational Planning

question 13

Essay

​Differentiate between strategic planning and operational planning.

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Definitions:

Critical Ratio

A metric used in project management and scheduling that compares the amount of work remaining to the amount of time remaining, used to prioritize tasks or projects.

Input-Output Control

A monitoring and management technique used in manufacturing to balance input materials and output products to maintain efficiency and reduce waste.

Work Centre

A specified location where work is performed, containing the necessary tools, equipment, and labor skills.

Jobs

Positions of employment within companies or organizations where individuals are hired to perform specific duties in exchange for compensation.