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.
Whatâs the difference between a Platform Strategy Vs. Business Strategy Vs. Product Strategy? This is a worthy discussion as the three are different but interrelated. A product platform is basically a broad range of products designed based on a common core technology or design and it is sometimes share by competitors. When it is adopted by a number of key players it has become an industry platform and at that point, you starting to lose control of the platform, as the influence will shift to the industry group although you do own some proprietary IPs.