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- Study guides, Revision notes & Summaries
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Summary Strategic Financial Management exam 2025
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17
September 2025
2025/2026
A+
What is the difference between strategy and tactics?
A strategy is basically a long-term plan to achieve goals. It is a plan of action designed to achieve a specific goal, or objectives (i.e., increasing market share, expanding into new markets, or beating the competition). A strategy usually involves setting goals, analyzing the competitive environment, and identifying internal and external factors that may affect the organization. It also involves making choices about resource allocation and ...
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And that's how you make extra money
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