Operational Planning Must Be Completed by First-Line Managers Every ________

question 59

Multiple Choice

Operational planning must be completed by first-line managers every ________, and tactical planning is done by middle management every

• A) year; 2 to 10 years.
• B) 6 to 24 months; 1 to 52 weeks.
• C) 1 to 52 weeks; 6 to 24 months.
• D) 1 to 12 weeks; year.
• E) year, if necessary; 1 to 90 days.

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Definitions:

Specific Date

A distinct, precisely identified day on the calendar specified for a particular event or deadline.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period.

Cash Investments

Money put into financial instruments or assets with the expectation of achieving a profit.

Statement of Cash Flows

A financial report that details the inflows and outflows of cash for a business over a specific period, highlighting operations, investing, and financing activities.