Which of the following is a difference between strategic planning and tactical planning? Group of answer choices Strategic planning is done by top-level managers, whereas tactical planning is done by middle managers. Strategic planning deals with day-to-day manufacturing activities, whereas tactical planning deals with determining a vision. Strategic planning focuses on the short-term objectives of a firm, whereas tactical planning focuses on the long-term objectives of a firm. Strategic planning deals with determining specific action steps, whereas tactical planning deals with determining broad action steps.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Very hard question too bad i don’t know the answer /:

Any choices

Answerspeculators; arbitrageurs;