Purchase Solution

Business strategies vs. functional tactics

Not what you're looking for?

Ask Custom Question

What are the principal differences between business strategies and functional tactics? Why are these differences important?

Purchase this Solution

Solution Summary

This solution highlights the principal differences between business strategies and functional tactics. It also details why these differences important

Solution Preview

Business strategy refers to a long term plan of action that is formulated by an organization to help them achieve the company's long term goals and objectives. In other words, business strategy is a management's game plan for strengthening the company's position in the market environment. In addition, it is used to guide the company's future so that the company abides by its mission and vision statements. A company without a strategy could ...

Solution provided by:
Education
  • MBA, Aspen University
  • Bachelor of Science , Berea College
Recent Feedback
  • "Thank u"
  • "Thank You!"
  • "Thanks!"
  • "Thank you so much"
  • "Great job...thanks."
Purchase this Solution


Free BrainMass Quizzes
Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.