What Is the Difference Between Strategic Planning and Operational Planning

question 5

Multiple Choice

What is the difference between strategic planning and operational planning?

• A) Strategic plans are for one year or less and have very specific objectives, while operational plans are more vague and long-term.
• B) Strategic planning covers the short-term day-to-day workings of a business, while operational planning sets out long-term goals.
• C) Strategic planning sets out strategies for the business to achieve long-term growth and other goals, while operational planning covers the day-to-day operations of the business.
• D) Strategic planning is reserved for middle management in large companies.

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Definitions:

Fit To Stand Trial

A legal determination that an individual has the mental capacity to understand court proceedings and participate in their defense.

Communicating With Counsel

The process of exchanging information and ideas with a legal advisor or counselor, often regarding legal rights, obligations, and strategies.

Statutory Law

A written or codified statement of the law in a given area, enacted by government.

Rights And Freedoms

Fundamental principles that recognize and protect the liberty and entitlements of individuals, often enshrined in laws and constitutions.