Define: Annual Operating Plan (AOP)
Annual Operating Plan (AOP) means a yearly scheme detailing planned actions and associated financial resources, evaluated quarterly.
Annual Operating Plan (AOP) means a yearly scheme detailing planned actions and associated financial resources, evaluated quarterly.
Relevant Circumstances
- When a business sets out annual targets and resources in a single document
- If quarterly reviews assess progress against the AOP
- Where investor or board approval is needed for the AOP