An operating plan:

A) translates business ideas into concrete relatively short-term projections.
B) backs up financial projections with a great deal of detail.
C) concentrates on broad strategic issues despite its shorter term focus.
D) a and b

Operating Plan

A short- to intermediate-term business plan addressing a firm’s methods and goals over the period covered. Most companies have an annual operating plan.

Financial Projections

Estimates of a company's future revenues, expenses, cash flow, and financial performance, often used for budgeting and strategic planning.

Strategic Issues

Fundamental challenges or critical decisions that affect the overall direction and competitiveness of a business.