Detailed Answer
(c) The requirement is to define a tactical profit plan.
Answer (c) is correct because tactical profit plans have the characteristics
of being quantified, detailed and short-term, and assigning
responsibilities at all levels. Answer (a) is incorrect because
tactical profit plans are quantitative with detailed assigned
responsibilities. Answer (b) is incorrect because tactical profit
plans are detailed. Answer (d) is incorrect because tactical profit
plans are detailed, short-term, quantitative, and include assigned
responsibilities at all levels.
