Who Is Responsible for Creating Tactical Plans

question 111

Multiple Choice

Who is responsible for creating tactical plans?

• A)team leaders  
• B)lower-level managers  
• C)middle managers  
• D)top managers

Grasp the methodology and significance of Days Sales Outstanding (DSO) analysis in monitoring customer payments.

Understand the scope and challenges of working capital management, including current assets and liabilities.

Acknowledge the cost and complexity of the collection process in business operations.

Know the four major components of a firm's credit policy.

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Definitions:

Organizational Rewards

The benefits, both tangible and intangible, that an organization offers to its members for their contributions.

Collective Accomplishments

Achievements or outcomes that result from the collaborative efforts of a group or team.

Leadership Decisions

Choices or judgments made by someone in a leadership role that can influence the direction and performance of a team, organization, or initiative.

Team Effectiveness

The degree to which a team is able to achieve its objectives, fulfill member needs, and maintain team survival.