Business Vision, Mission, Aim, Objectives, Strategy, Tools and tactics
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Last updated almost 2 years ago
8 questions
1
What is a vision in the context of business management?
What is a vision in the context of business management?
1
What does a strategy refer to in business management?
What does a strategy refer to in business management?
1
How would one define tactics in business management?
How would one define tactics in business management?
1
In business management, what are tools?
In business management, what are tools?
1
What's the difference between a business's vision and mission?
What's the difference between a business's vision and mission?
- Long-term aspirational concept
- Current operational activity of a company
- Vision
- Mission
1
How do a business's objectives differ from its strategic plan?
How do a business's objectives differ from its strategic plan?
- Long-term plan to achieve objectives
- Clear, measurable targets
- Business Objectives
- Strategic Plan
1
What is the role of tools and tactics in implementing a business strategy?
What is the role of tools and tactics in implementing a business strategy?
- Instruments or software to implement strategy
- Specific actions to implement strategy
- Tactics
- Tools
1
What does 'aim' mean and how does it compare with 'strategy' in business terms?
What does 'aim' mean and how does it compare with 'strategy' in business terms?
- Specific plan to achieve the aim
- General direction or intention
- Aim
- Strategy