A freshman or sophomore is likely to spend half of class time in an auditorium. How absurd that these places charge $150,000 for four years to educate our best and brightest yet have the nerve to so heavily use the cheapest, least effective method of instruction: the large lecture.
Functional Strategies. Once corporate level and business strategies are developed, management must turn its attention to formulating and implementing functional strategies. Functional strategy is the a strategy for each specific functional unit within a business. Functional strategies primarily are concerned with the activities of the functional areas of a business which support the desired competitive business level strategy and complement each other. They describe the means or methods to be used by functional areas of the organization in carrying out the corporate level or business unit strategy.
Difference Between Tactics and Strategy. In the business world, the term tactics and strategy are used quite frequently. Tactics are the actions, to reach a particular point. The Strategy is defined as a game plan, which can help the organization to achieve its mission and objectives. The scope of the strategy is bigger than tactics, in a sense that there can be some tactics in a single strategy. Moreover, the two should go in tandem.