Correct Answer: Allocating financial resources

Solution : The correct answer is (c). Allocating financial resources

Developing an operational plan involves determining the specific actions, activities, and resource allocations required to achieve the organization's strategic goals. Allocating financial resources is an essential step in this process, as it involves determining the financial budget and resources needed to support the operational activities outlined in the plan.

Allocating financial resources entails identifying the necessary funds, budgeting for various operational expenses (e.g., labor costs, equipment, supplies, marketing, etc.), and ensuring that adequate financial resources are available to execute the planned activities effectively.