US CMA Part 1 · Chapter 2 · Question 28 of 30
How do strategic plans typically differ from operational plans?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Strategic plans cover a longer time horizon and set broad direction, while operational plans are short-term and detailed
Explanation
Strategic planning is a long-term, top-level activity concerned with the organization's overall direction and resource allocation. Operational planning translates the strategy into detailed short-term plans and budgets, usually covering a year or less.
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