Function tactics that implement business strategies.

Function tactics that implement business strategies.
Reviewed by Hammad Naziron Apr 01 2013
Rating: 5

C) Function tactics that implement business strategies.

Tactics:

Tactics are that translate through (grand strategies) into action to achieve short term objectives (small goals + long/ grand strategies).

Functional areas (used in tactics):

• Marketing
• Finance
• Research and Development
• Production or Operations
• Human resource management.

Functional Tactics:

Tactics used in functional areas that called functional tactics.

Difference between business strategies and functional tactics:

Difference	Functional Tactics	Business Strategies
Time Horizon	Short term	Long term
Specific	More specified	Less specified
Participant who develop them	Line managers or operating managers e.g. HRM managers	Top managers e.g board of directors.