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Strategic,operational and tactical planning

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Strategic,operational and tactical planning

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • December 20, 2020 at 5:56 pm #600409
    applessauce
    Member
    • Topics: 85
    • Replies: 65
    • ☆☆

    Hi Sir

    I just had a small doubt that just ran across my mind

    Sir is a principal budget factor and limiting factor the same thing?

    Also since principal budget factor is usually the constraint for a business and is the thing that must be dealt with first
    It is usually considered sales as the principal budgeting factor

    I was wondering whether increasing sales would be a strategic,tactical or operational technique

    I thought sales could be a tactical method at first because it is the constraint that is difficut to change but then again it is also an important factor that ensures the success of the business so must be dealt immediately

    So since sales falls in both of these range of strategic and operational
    would the correct answer be a tactical technique for improving sales

    December 21, 2020 at 9:32 am #600453
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54660
    • ☆☆☆☆☆

    It depends on how they intend to try to increase sales. If it is part of a long term plan (for example, opening a division in another country) it would be strategic. If it was more short-term actions then it would be operational or tactical.

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