What is the difference between a strategy and a tactic?

Business strategies are often long-term; they define goals across many years and how to work towards achieving them; specifically, strategies are often developed to work towards the business's mission.Tactics, on the other hand, are short-term and more concrete; they are more likely to involve specific plans, timeframes and resources, and are commonly used to achieve short-term goals, e.g. within the next year.

LW
Answered by Liora W. Business Studies tutor

2301 Views

See similar Business Studies A Level tutors

Related Business Studies A Level answers

All answers ▸

Evaluate the usefulness of published accounting information to stakeholder groups of Tesco (usually it would be 2 advantage and 2 disadvantage)


The directors of a well-known food manufacturing PLC have announced that they are moving production from the UK to Europe in order to reduce costs. This will result in the loss of 115 jobs. To what extent is this decision likely to benefit the business’


Describe each of the 4 elements of Tuckmans (1965) effective team development model.


What is the difference between limited and unlimited liability?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2026 by IXL Learning