Examlex
An auto parts store establishes a policy requiring that customer service representatives respond to Web site e-mails within three business days.This policy is a result of the company's operationalplanning.
Negative Aspects
Refers to the disadvantages or less favorable elements associated with a situation, decision, or object.
Long-Range Planning
Strategic planning focused on goals and strategies that span over several years into the future.
Budgeting
The process of creating a financial plan to manage revenues, expenses, and resources over a specified period.
Goals and Objectives
Objectives are specific targets within the general framework of the overarching goals, guiding how to achieve broader aims.
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