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A tactic is a conceptual action or short series of actions with the aim of achieving a short-term goal. This action can be implemented as one or more specific tasks. The term is commonly used in business, by protest groups, in military, espionage, and law enforcement contexts, as well as in chess, sports or other competitive activities.
In business, operational objectives (also known as tactical objectives) are short-term goals whose achievement brings an organization closer to its long-term goals. [1] It is slightly different from strategic objectives, which are longer term goals of a business, but they are closely related, as a business will only be able to achieve strategic objectives when operational objectives have been ...
Miles and Snow identify three types of competitive strategies, those adopted by defender, analyzer and prospector types of organization, and a fourth, non-strategic type of organization, whose competitive behaviour is reactive to the perceived environmental conditions within which it operates. [2]
When building an investment portfolio, choosing between a strategic vs. tactical asset allocation is a big decision. But which is right for your investments? The answer depends on your unique ...
Continue reading → The post Strategic vs. Tactical Asset Allocation appeared first on SmartAsset Blog. When building an investment portfolio, choosing between a strategic vs. tactical asset ...
Growth platforms are specific initiatives selected by a business organization to increase their revenue and earnings growth. [1] There are two types of growth platforms: strategic or tactical. Strategic growth platforms usually take from 3 to 6 years to implement and give the desired results being long term initiatives.
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