Question

The management of Computer Rescues, Inc. finalized the company's action plan for increasing its market share over the next few years. The management then set up a 12-month plan that defines how the organization will conduct its business based on the action plan, including clear sales targets for each week. The second plan is an example of a(n) _____ plan.

Answer 1

Answer:

Operating plan.

Explanation:

Operational planning is the process of converting strategic goals to tactical goals by setting milestones to be achieved within a given time. An operating plan defines the daily tasks of a business aimed at meeting organisational goals. It identifies:

The what- that is the tasks to be achieved.

The who- people that are responsible for each task.

The when- timeline for task completion, and

The how much- resources to be allocated in execution of tasks.