MNG3702
Assignment 1
Semester 1 2023
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MNG3702 ASSIGNMENT 1
SEMESTER 1 - 2023
691740
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Question 1
(i) _____ strategies are based on a particular vision and mission, strategic intent and long-
term objectives that typically extend a number of years into the future; whereas (ii) _____
strategies are based on and generally have to achieve annual objectives for the immediate
future through short-term plans.
1 (i) Functional; (ii) tactical
2 (i) Tactical; (ii) business
3 (i) Overall; (ii) individual
4 (i) Business; (ii) functional
Business strategies are based on a particular vision and mission, strategic intent and long-
term objectives that typically extend a number of years into the future.
Functional strategies, in contrast, are based on and generally have to achieve annual
objectives in the immediate future through short-term action plans
2
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Distribution of this document is illegal extra per year?
Assignment 1
Semester 1 2023
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
MNG3702 ASSIGNMENT 1
SEMESTER 1 - 2023
691740
Downloaded by: TestbanksNotesAssignmentsAndExampacksGuru | Want to earn $1.236
Distribution of this document is illegal extra per year?
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
Question 1
(i) _____ strategies are based on a particular vision and mission, strategic intent and long-
term objectives that typically extend a number of years into the future; whereas (ii) _____
strategies are based on and generally have to achieve annual objectives for the immediate
future through short-term plans.
1 (i) Functional; (ii) tactical
2 (i) Tactical; (ii) business
3 (i) Overall; (ii) individual
4 (i) Business; (ii) functional
Business strategies are based on a particular vision and mission, strategic intent and long-
term objectives that typically extend a number of years into the future.
Functional strategies, in contrast, are based on and generally have to achieve annual
objectives in the immediate future through short-term action plans
2
Downloaded by: TestbanksNotesAssignmentsAndExampacksGuru | Want to earn $1.236
Distribution of this document is illegal extra per year?
