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What Are Operational Plans for a Business? - Definition, Types & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Identify the correct sequence for the preparation of business plans within an organization.

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1. Which type of business plan is created by mid-level management, is designed for a division of the company and contains specific actions and ideas without being very detailed?

2. You are the plant manager for ABC Company Ltd. Your company is exploring the idea of purchasing new and more efficient machinery for its production. You have assigned the unit manager the task of creating an operational plan for the implementation of this new machinery. What elements would be included in the unit manager's operational plan?

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About This Quiz & Worksheet

This quiz and worksheet combo will help you test your understanding of the elements of business operational plans. Some of the key information you'll need to know in the quiz includes the steps of developing an operational business plan and the differences between types of plans.

Quiz & Worksheet Goals

In these assessments, you'll be quizzed on the following concepts and terms:

  • Sequence of operational plan development
  • Strategic plan
  • Tactical plan
  • Operational plan
  • Single-use and ongoing plans

Skills Practiced

  • Reading comprehension - ensure that you draw the more important information from the related operational plan lesson
  • Making connections - use understanding of the features of operational plans for a business in different contexts
  • Distinguishing differences - compare and contrast topics from the lesson, such as strategic plan and tactical plan
  • Information recall - access the knowledge you've gained regarding the features of operational plans for a business

Additional Learning

To learn more about operational plans for a business, review the accompanying lesson, What Are Operational Plans for a Business? - Definition, Types & Examples. The lesson covers the following objectives:

  • Know where strategic and tactical plans originate
  • Identify goals and the resources required
  • Defining single-use plans and ongoing plans
  • Explain how operational plans feed in to budgets
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