The most often used classification of organizational plans is strategic, tactical and operational plans.15 Strategic plans focus on the broad future and identify the long-term direction the organization will take as a whole. Tactical plans translate strategic plans into specific goals for specific parts of the organization. They specify how the organization’s resources can be used to put strategies into action. Tactical plans in business often take the form of functional plans that indicate how different operations within the organization will contribute to the overall strategy. Such functional plans might include:

• Production plans (deal with work methods and technologies)

• Logistics plans (deal with suppliers and acquiring resources)

• Financial plans (deal with money and capital investments)

• Marketing plans (deal with selling and distributing goods or services)

• Human resource plans (deal with building a talented workforce)

Standing plans are ongoing plans that provide guidance for activities performed repeatedly, like policies and procedures. The correct answer is Choice B.