Similarities between tactical and strategic decisions

Assignment Help Financial Management
Reference no: EM132528808

The discussion assignment provides a forum for discussing relevant topics for this week based on the course competencies covered.

For this assignment, make sure you post your initial response to the Discussion Area by the due date assigned.

To support your work, use your course and text readings and also use outside sources. As in all assignments, cite your sources in your work and provide references for the citations in APA format.

Start reviewing and responding to the postings of your classmates as early in the week as possible. Respond to at least two of your classmates. Participate in the discussion by asking a question, providing a statement of clarification, providing a point of view with a rationale, challenging an aspect of the discussion, or indicating a relationship between two or more lines of reasoning in the discussion. Complete your participation for this assignment by the end of the week.

During this simulation, you have been making tactical and strategic decisions. Keeping these in mind, address the following questions:

What are the differences and similarities between the tactical and strategic decisions you have made?

How often did you need to change your strategic decisions? How often did you change your tactical decisions?

What dangers does a company face if it focuses only on tactical decisions?

Also, review the overall process by which your team worked together over the course of the simulation and answer the following questions:

How did your decision-making process evolve over the sequence of decisions?

Why did you make the changes that you did in the decision-making process, or why did you not change?

Did your decision-making process result in better decisions as the simulation progressed, and why do you think it did or did not?

Reference no: EM132528808

Questions Cloud

Business research methods : Describe the three designs and when is it appropriate to use each design? How are the designs similar? How are the designs different?
What will the balance of the share capital account : Assuming that all shareholders exercise their rights in full, what will the balance of the share capital account be once the rights issue is complete
Candidate for job sends a resume to business : When a candidate for a job sends a resume to a business, one of the first actions normally taken by HR is to check the candidate's social media.
Exchange rates and international investing : According to the World Trade Organization (WTO), a significant percentage of world trade relies on trade finance.
Similarities between tactical and strategic decisions : What are the differences and similarities between the tactical and strategic decisions you have made? How often did you need to change your strategic decisions
Household budget : Create a simple household budget, including all income and expenses. Were you surprised by anything when you created the budget?
University of valley forge : I believe I would be a good fit for the University of Valley Forge and its Christian environment because
Research on service oriented architecture : Do research on service oriented architecture (SOA) and find three different images/diagram that represent its functions and features.
Explain impact of globalization on your own life : Explain the impact of globalization on your own life and your country (provide specific examples). Provide examples of evidence of changes

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd