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Strategic plans are developed farther into the future than tactical plans.

a) True
b) False

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Final answer:

Strategic plans are indeed aimed at long-term objectives and span a longer time frame, often several years to decades into the future, which contrasts with tactical plans that focus on short-term goals, generally within a year.

Step-by-step explanation:

The statement that strategic plans are developed farther into the future than tactical plans is true. Strategic plans outline a company's long-term vision and provide a sense of direction and purpose. They are typically set for a time frame extending from three years to several decades ahead. On the other hand, tactical plans focus on the short-term actions and resources needed to implement parts of the strategic plan. These are concentrated on the immediate future, often with a scope of one year or less.

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