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Tactical decisions support the strategic decision of the organisation. They tend to be of medium significance with moderate consequences.
strategic
The difference between strategy and tactics is that strategy defines "what" is to be done but tactics defines the "how". Tactical Management focuses on one or a series of tasks and activities involved in executing an overall strategy. Strategic Management is focused on establishing the end goal in mind.
Making decisions that help make business more efficient are part of production and operations management. Other characteristics include conscientious and tactical decisions.
what are factors that inlfuence strategic, tactical operational and contingency planning
Strategic and Tactical
Tactical decisions support the strategic decision of the organisation. They tend to be of medium significance with moderate consequences.
tactical
Tactical plans are usually developed in the areas of production, marketing, ... Because strategic planning focuses on the long term and tactical.
strategic and tactical
strategic and tactical
strategic and tactical
strategic
strategic and tactical
strategic and tactical
The difference between strategy and tactics is that strategy defines "what" is to be done but tactics defines the "how". Tactical Management focuses on one or a series of tasks and activities involved in executing an overall strategy. Strategic Management is focused on establishing the end goal in mind.
"Strategic asset management" could refer to "strategic asset allocation", i.e. long-term asset allocation - whereas "tactical asset allocation" refers to short-term investments.