Question

Answer the following question & provide the references used:

1. How does CVS plan it's activities including the planning process management uses and some detail and examples of its strategic, tactical and operational plans?

Answer 1

CVS PLANNING

Planning is a process of thinking about the activities required to achieve a desired goal .it is the first and foremost activity to achieve desired result .it involves the creation and maintenance of a plan ,such as psychological aspect that require conceptual skills .there are even a couple of test of measure someone's capability of planning well .as such .planning is a fundamental property of intelligent behavior . an important further meaning ,often just called "planning "is the legal context of permitted building development .

Also ,planning has a specific process and is necessary for multiple occupations (particularly in field such as management ,business ,etc.

CVS PLAN IN STRATEGIC

Strategic planning is an organization's process of defining its strategy,or direction, and making decision on allocating its resources to pursue this strategy .it may also extend to control mechanisms for guiding the implementation of the strategy .Strategic planning became prominent in corporations during the 1960 and remain an important aspect of strategic management .it is executed by strategic planners or strategists ,who involve many parties and research sources in their analysis of the organization and it relationship to the environment in which it competes .

EXAMPLE: Live career has 128 searchable strategy and planning CVS in its CV directory database .these are real CVS created by live career subscribers using live career CV builder .search strategy and planning CVS by state or city to find CVS created in or near your location .

CVS PLAN IN TACTICAL

Tactical planning takes a company's strategic plan and set forth specific short term actions and plan ,usually by company department or function. the tactical planning horizon is shorter than the strategic plan horizon .

if the strategic plan is for five years ,tactical plan might be for a period of one to three years ,or even less, depending on what kind of the market the business serves and the pace of change .

CVS PLAN IN OPERATIONAL

Operational planning is the process of planning strategic goals and objective to tactical goals and objective .. an operational plan is the basis for and justification of an annual operating budget request .it describes milestone ,conditions for success and explains how ,or what portion of a strategic plan will be put into operations during given operations period ,in the case of commercial application, a fiscal year or another given budgetary term .