__________Plans Are Plans That Specify How a Company Will Use

question 34

Multiple Choice

__________plans are plans that specify how a company will use resources, budgets, and people to accomplish specific goals within its mission.

• A) Strategic
• B) Tactical
• C) Operational
• D) Single-use
• E) Dialectical

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Definitions:

Entrepreneurial Capabilities

The skills, knowledge, and attitudes required to identify opportunities, create, and grow successful new ventures.

Team

A group of individuals working together to achieve a common goal or complete a task.

Family Ownership Group

A business organization where the majority of control and ownership lies within a single family, often passed down through generations.

Formal Investment Criteria

The specific guidelines or standards used by investors to evaluate potential investment opportunities.