In most jurisdictions, collision coverage is optional unless there is a lien holder on your vehicle. If you don't have collision coverage, you are going to be on the line for the costs to repair any damages to your vehicle in an accident caused by you, including damage to your side mirror.
Tactical planning is such an important part of a company's strategic planning process that management consulting companies are often hired to assist companies in preparing tactical plans. A company usually begins with its objectives and then develops strategies for how to carry out their objectives.
What is Strategic Planning? Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization's direction in response to a changing environment.