Operational Planning That Involves the Creation and Implementation of Tactical

question 176

True/False

Operational planning that involves the creation and implementation of tactical plans for the departments within an organization is primarily the responsibility of top-level management.

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Definitions:

Strategic Alliance

Strategic alliance is a formal agreement between two or more parties to pursue a set of agreed upon objectives while remaining independent organizations.

Research Consortium

A group or association of institutions or organizations that collaborate together to conduct research on specific areas of interest.

Joint Venture

Two or more organizations form an alliance in the creation of a new organizational entity.

Core Competencies

Essential capabilities or strengths that provide a business with an advantage over competitors.