Operational Planning Assumes the Existence Of

question 10

Multiple Choice

Operational planning assumes the existence of:

• A) goals and objectives and specifies ways to achieve them.
• B) a mission statement of the organization and specifies ways to develop the goals and objectives for the strategies.
• C) a strategic plan.
• D) a tactical plan and specifies ways to achieve the goals.

---

Definitions:

Complementary Good

A product that is consumed along with another, such that the demand for one increases the demand for the other.

Buyers

Buyers are individuals or entities that purchase goods and services for personal use, resale, or production purposes in the market.

Complementary Goods

Products or services that are typically used together, where the increase in consumption of one leads to an increase in consumption of the other.

Good X

A term used to denote a specific product or commodity in economic models.