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Homework answers / question archive / (2021SP1-MGMT-7080-01) Strategic Business Applications Discussion 2

(2021SP1-MGMT-7080-01) Strategic Business Applications Discussion 2

Business

(2021SP1-MGMT-7080-01) Strategic Business Applications Discussion 2. strategy versus tactis

Strategy has three levels corporate, business level and functional.   Often the functional are associated with tactics.   Here is an example of a corporate strategy for related diversification, the business level strategy is probably differentiation and the marketing strategy is product development, the R & D strategy is either radical or incremental - taking this article, what are the operations strategy?  what are the associated tactics?  https://suny-esc.primo.exlibrisgroup.com/permalink/01SUNY_ESC/vq36nc/cdi_gale_infotracacademiconefile_A148072957

The key here is to differentiate between strategy and tactics.  The strategic plan is all about strategy, the functional plans start with a strategy and then move into tactics.   In your plan you should focus on the corporate, business level and functional strategies.   Leave the tactics for the annual functional plans (such as marketing or operations plans). 

Can you provide other examples of the different types of elements that go into planning? 

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