Operational Planning Refers To

question 34

Multiple Choice

Operational planning refers to:

• A)planning with a time horizon of one to three years and specifies fairly concrete ways to implement the strategic plan.
• B)planning with a time horizon of less than one year and specifies concrete action steps to achieve organization-wide strategic and tactical plans.
• C)planning with a time horizon of three years or more and setting a plan to best position the organization to compete effectively in the environment.
• D)the decision about the nature of the jobs in an organization.
• E)a management function that develops an organizational structure and coordinates human resources within that structure to achieve organizational objectives.

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Definitions:

Unsystematic Risk

is the type of risk that is specific to a particular company or industry, and can be mitigated through diversification.

Systematic Risk

The risk inherent to the entire market or market segment, which cannot be eliminated through diversification.

Stock Returns

The earnings generated by investing in stocks, typically expressed as a percentage of the investment's original value.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.