Because Tactical Plans Are Based Primarily on a Prediction of the Future,and

question 56

True/False

Because tactical plans are based primarily on a prediction of the future,and strategic plans are based on known circumstances that exist within the organization,tactical plans are generally less detailed than strategic plans.

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Definitions:

Active Management

An investment strategy where the manager makes specific investments with the goal of outperforming an investment benchmark index.

Passive Management

An investment strategy that involves minimal buying or selling actions, aiming to replicate the performance of a specific index or benchmark.

Cultural Dimensions

A framework for analyzing and comparing the fundamental values that distinguish cultures from one another, often used in international business and cross-cultural communication.

GLOBE Model

A framework for understanding the impact of culture on leadership and organizational practices across different countries and regions.