(((((((((( Please Help me with ALL of the Following Questions )))))))))) -Dropbo
ID: 359904 • Letter: #
Question
(((((((((( Please Help me with ALL of the Following Questions ))))))))))
-Dropbox
Note: Briefly answer questions (4, 6, 2, & 7). I need help with ALL of the questions provided, not just one or half, BUT ALL. Word limitation is 100-130 words for each question.
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(Chapter 4)
4.) How do strategic, operational, and tactical planning differ? How might the three levels complement one another in an organization?
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6.) What accounts for the shift from strategic planning to strategic management? In which industries would you be most likely to observe these trends? Why?
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(Chapter 5)
2.) From the following topic, discuss the current status and the ethical issue surrounding it.
Topic: (Healthcare) With health care costs outpacing inflation, employers struggle to cover the cost of health insurance for workers. Are they ethically obligated to provide this benefit?
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7.) What are the arguments for and against the concept of corporate social responsibility? Where do you stand and why? Give your opinions, specifically, with respect to the text examples.
Explanation / Answer
4. Strategic planning involves setting a blueprint to achieve the overall goals of the organization as a whole. Strategic planning involves how a company would position itself in the market. Strategic planning is done for the business as a whole and not for isolated departments or business units.
Tactical planning involves short-term planning on operations of various business units. Here, short-term means a period of fewer than 12 months. So in tactical planning managers decide what needs to be done by various aspects of businesses in the short-run so as to fulfill the long-term goals of the organization.
In operational planning, the strategic plan and tactical plan are connected. In operation planning, it is decided how the strategic plans of the company will be implemented within the operating systems of the company.
These three planning levels are interlinked and one level supports another. The strategic planning level sets the long-term direction of the company which is broken down into the tactical and operational level. The tactical and operational strategies help in fulfilling the strategic plans of the company.
4.) How do strategic, operational, and tactical planning differ? How might the three levels complement one another in an organization?
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