describe one difference between strategic planning and operational planning. provide an example of each.

Brief Explanations:

Strategic planning is long - term and sets overall direction, like a tech company deciding to enter a new market segment in 5 years. Operational planning is short - term and focuses on daily/weekly tasks, such as a retail store scheduling staff for the next week.

Answer:

One difference is the time - horizon. Strategic planning is long - term (e.g., a car manufacturer planning to shift to electric vehicle production in 10 years). Operational planning is short - term (e.g., a restaurant scheduling kitchen staff for the dinner rush).