Scott is the business head of a software development firm that wants to increase its market share to 30 percent in the next 5 years. the company feels that the best way to go about this is to acquire smaller firms that have a promising talent pool. in his capacity as a business head, scott is required to plan how the company will arrange for the necessary finances for these acquisitions. scott is engaging in ________ for the firm.

Tactical planning considers a general framework for an enterprise and carries out concrete short-term goals and strategies, typically by division or position of the business. The range of tactical planning is lower than the range in conventional aircraft.

The range in tactical planning is lower than that of the range of conventional aircraft. If the action plan is five years, operational strategies may be one or three years or even fewer based on the type of sector the organization represents and the availability of information.