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.

A. dependent
B. strategic
C. operating
D. facilities
E. typical

Answer 1

Answer: (C).

The second plan is an example of an "operating plan".

Explanation:

An operating plan is a detailed plan that breaks down a long-term strategic plan to be implemented over several years, into smaller units that can be achieved within shorter periods (such as one year).

Within the period allocated to the operating plan, weekly and monthly targets are set, and short term objectives are developed. Processes are then put in place and resources are deployed towards meeting these targets and objectives.

Once targets are met, then the next phase of the long term plan is acted upon.

All of this is done with the main purpose of achieving the long term organizational goals and objectives.

Therefore, the 12-month plan set up by the management of Computer Rescues, Inc. is an "operating plan".

Answer 2

Answer:

C) operating

Explanation:

operating

The operating plan is scheduled generally for a 12 month period, it identifies important targets such as market share, cash flow and revenues and it defines a business conduction strategies based on the action plan