Question

Lucy is part of the top management team at Cloudy Daze Rain Gear, a company that produces umbrellas, raincoats, hats and all-weather shoes. As a member of top management, Lucy is more likely to be involved in strategic planning than in tactical planning.

True/False

Answer 1

True

Step-by-step explanation:

Three planning stages occurs that are described below:

1. Strategic planning: This plan refers to taking a long-term decisions regarding the available resources, expenses and time that helps to achieve an organization's strategic goals efficiently and effectively. It deals with top management

2. Tactical planning: This plan sets out the preparing for the execution of the plans, procedures and regulations in order to organize the tasks adequately between the various department managers. It deals with middle management

3. Operational planning: It plans the day-to-day activity to be accomplished with the given point in time. It deals with middle and lower management