Top management integrating lower and middle level managers in the planning and administration of corporate affairs.
A projection is an estimate of future performance made by economists, corporate planners, and credit and securities analysts to anticipate economic and financial conditions.
A strategy in a business context refers to a comprehensive plan designed to achieve long-term goals and objectives. It involves the allocation of resources and the implementation of actions to gain a competitive advantage.
Performance targets established by middle management for achieving specific organizational outcomes. Also called tactical plans.
