Question: The table includes several sample goals. Categorize each one goal by the type of plan which would be developed in order to achieve it. Strategic

The table includes several sample goals.

The table includes several sample goals. Categorize each one goal by the type of plan which would be developed in order to achieve it. Strategic Tactical Operational We seek to provide a 14% or greater annualized return of investment for our shareholders. We seek to improve efficiency by implementing a new computerized payment system. We seek to expand by opening 150 new restaurant locations in the next 10 years. The table contains the characteristics of different types of organizational plans. Use your knowledge of organizational plans to answer the questions about the table. Characteristic Set by Time frame Focus Scope A B Board of directors, top management Upper, middle management Long-range Intermediate Sources of competitive advantage Strategic business units General Somewhat specific Middle, lower-level managers Short-range Departmental activities Specific and concrete Given your knowledge of organizational plans, which type of plan is described in column A? Strategic Tactical Operational Given your knowledge of organizational plans, which type of plan is described in column C? Tactical Operational Strategic of the plans described, which type is optional for organizational success? Only plans in the B column are necessary O Only plans in the A column are necessary O All three plan types are necessary of the plans described, which type is optional for organizational success? Only plans in the B column are necessary Only plans in the A column are necessary competition All three plan types are necessary stakeholder expectations unforeseen circumstances Using your knowledge of contingency plans, complete the sentence. a dynamic environment Contingency plans specify plans to use when the company is faced with

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