Reference no: EM133207978
Assignment - Business Questions
Part A - Please answer the following questions:
What do you understand with a "vision" and a "mission," what is the difference between them, or are they the same?
What are "goals" and "objectives" and "tasks" within a strategic plan? How does "tactic" differ from "strategy"?
Within "strategy" concepts, how does "policy" differ from a "tactic" and "strategy"?
Please provide examples, and if possible, relevant to your experiences.
Part B - Please answer the following questions:
What is the core message of Michael Porter's lecture "What is strategy"?
How does the message differ from what you understood as a strategy?
Going forward, how might you apply the message?