Final answer:
The statement is false as it incorrectly defines strategic plans. Strategic plans are long-term and broad, while tactical plans focus on the near term and involve specific actions for smaller units within an organization.
Step-by-step explanation:
The statement 'Strategic plans translate tactical plans into specific goals and actions for small units of the organization and focus on the near term' is false. In fact, it's the tactical plans that translate strategic plans into specific, short-term actions and goals for smaller units within an organization.
Strategic plans
are generally longer-term and involve the broader objectives and goals of an organization. They are designed to guide the overall direction and priorities of the entity. These plans consider an extended time frame and involve top-level management decisions.
Tactical plans
, on the other hand, take these strategic plans and break them down into specific, short-term projects and initiatives that can be executed by different departments or teams within the organization. They are focused on the near term and on turning the broader strategies into actionable steps.