Personalized Reviews Discussion Course Materials casting Financial Planning Due Saturday 05.27.17 at 11:45 PM oad Char Graded Assignment Keep the Highest: 15 Aa Aa 1. Strategic and operational planning Business success requires careful anni Successful organizations should conduct at least two levels of planning: pl strategic and operational. Identify the following differences between strategic and operational plans. Strategic plans: in nature and specify a firms overall future direction 1. Are in the industry 2. Attempt to anticipate and incorporate the effect of and company operational plans: of the planning horizon and the resources 1. Specify where a firm wants to be at the necessary to get there 2. Should serve as both Consider the following statement and indicate whether it would be included as part of a firm's strategic or operational Undertake a prudent and reasonable cost-cutting program that will increase the firm's operating income by 3.0% each year for the next four years. operational plan Q strategic plan Now Save Continue