How would you compare and contrast business strategy and business
tactics
OI/466
What is the definition of
strategy? How would you compare and contrast business strategy and business
tactics? In what type of business circumstances would you apply each of the
three models: IBDM, a decision model, and a typical strategy model?
Explain.
250 words
………………………Answer preview……………………….
Strategy can be defined as the direction the scope which the business puts into place in order to achieve both the long term and short term objectives. The business plans on the various ways of allocating its resources effectively and coming up with a structure that will enable it to survive in a very competitive environment. This can be achieved by satisfying both the customers and the stakeholders………………….
APA
308 words
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