Question

Xtreme Toys, a company that manufactures toys inspired by popular video games, creates a strategic plan to be the leader in the product category within a period of three years. The company's middle management also creates a half-yearly plan to ensure that the objectives of the strategic plan are properly implemented. The half-yearly plan created by Xtreme Toys can be regarded as a:______

Answer 1

Answer: Tactical Plan

Explanation:

In this particular example , we can state that the plan executed i.e. half-yearly can be regarded as tactical plan. The tactical planning tends to mostly take place after an organization or an individual has developed a strategic plan which further outlines the comprehensive objectives and goals. The tactical plan generally tends to elaborate the actions which are undertaken in order to achieve these objectives and goals.