Question
Differentiate between strategic planning and tactical planning.
| Basis for comparison | Strategic plan | Tactical plan |
| Developed by | Developed by upper level management. | Devloped by lower level management |
| Time period | Developed for long term | Developed for short term |
| Gathering fact and information | It is difficult to gather facts and information for these plans. | It is easier to gather facts and information for these plans. |
| Orientation | Towards the future | Towards the present condition |
| Based on | These plans are based on prediction and forecasting. | These plans are based on known situations that exist within the organization. |
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