Chapter 06 – The Nature of Management
41. Tactical plans usually cover a period of:
42. Strategic plans:
6-24
47. 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(n):
A. operational plan.
