2. Types of plans

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7 Terms

1
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Long-Range


Time horizon greater than 1 year


2
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Short-Range


Time horizon less than 1 year


3
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Strategic - level


Broad, extensive long-range plans providing overall direction, Upper Management


4
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Tactical - level

Focuses on how to implement and take action on strategic goals, Middle Management


5
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Operational - level

Deals with short-term, day-to-day tasks supporting tactical goals, lower management


6
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Single-Use


Created for unique, one-time situations; discarded after completion


7
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Standing-Use


Designed to be used repeatedly for recurring situations