What Type of Planning Do First-Line Managers Focus on When

question 126

Multiple Choice

What type of planning do first-line managers focus on when applying plans to daily, weekly, and monthly operations?

• A) strategic planning
• B) operational planning
• C) tactical planning
• D) contingency planning

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Definitions:

Accord And Satisfaction

A legal agreement between parties to settle a dispute by agreeing on a payment that is different from the original obligation.

Novation

The process of replacing an obligation to perform with a new obligation or substituting a new party to an agreement.

Anticipatory Repudiation

An assertion or action by a party indicating they will not perform their future obligations under a contract, allowing the other party to treat the contract as breached.

Objective Standard

A guideline used in law that is based on what a reasonable person would believe or do under the circumstances, rather than on the subjective intentions of the parties involved.