MNG3702
University of Management and Technology
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MNG3702 ASSIGNMENT 1 SEMESTER 1 Correctly Answered; A; Latest Update
- Exam (elaborations) • 19 pages • 2022
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Question 1 
(i) _____ strategies are based on a particular vision and mission, strategic intent and longterm 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 vis...
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