Types of Business Plans
Types of Business Plans
Write a 350-word paragraph answering the following questions:
- What are the different types of plans that organizations can use?
- What types of plans does your organization use, and why do they use these plans?
Format your paragraph consistent with APA guidelines.
Answer preview
Different types of business plans used in organizations
Business and organizational plans are the chore principles which make depertments, organizations and individuals to be committed in their actions and activities in preparation for the future. Effective plans ensure that an organization enjoys an added advantage as compared to the other organizations of similar structure. There are three types of plans that help most managers to achieve their set goals .These plans are classified into tactical, operational and strategic plans. These plans have to be in a certain order in order for them to be effective in the activities of the organization (Camillus, 2011). Operational plans are very important in any given organization because they lead to the attaining of tactical plans……………
WORD COUNT:517WORDS
FORMAT:APA