This document contains a student's responses to formative and summative assessments submitted for their Human Resource Management course. For the formative assessment, the student learned that strategy and tactics are connected, with strategy determining the overall direction and tactics implementing the plans. They enjoyed learning this concept. For the summative assessment, the student discussed the four strategic types as defined by Wheelen and Hunger, differentiating strategy from tactics based on who can change them, the time horizon, whether they involve planning or doing, and the relationship between what strategy determines and what tactics follow.
This document contains a student's responses to formative and summative assessments submitted for their Human Resource Management course. For the formative assessment, the student learned that strategy and tactics are connected, with strategy determining the overall direction and tactics implementing the plans. They enjoyed learning this concept. For the summative assessment, the student discussed the four strategic types as defined by Wheelen and Hunger, differentiating strategy from tactics based on who can change them, the time horizon, whether they involve planning or doing, and the relationship between what strategy determines and what tactics follow.
This document contains a student's responses to formative and summative assessments submitted for their Human Resource Management course. For the formative assessment, the student learned that strategy and tactics are connected, with strategy determining the overall direction and tactics implementing the plans. They enjoyed learning this concept. For the summative assessment, the student discussed the four strategic types as defined by Wheelen and Hunger, differentiating strategy from tactics based on who can change them, the time horizon, whether they involve planning or doing, and the relationship between what strategy determines and what tactics follow.
This document contains a student's responses to formative and summative assessments submitted for their Human Resource Management course. For the formative assessment, the student learned that strategy and tactics are connected, with strategy determining the overall direction and tactics implementing the plans. They enjoyed learning this concept. For the summative assessment, the student discussed the four strategic types as defined by Wheelen and Hunger, differentiating strategy from tactics based on who can change them, the time horizon, whether they involve planning or doing, and the relationship between what strategy determines and what tactics follow.
Ans. That learning strategy vs tactics is very important in every firm or any companies in terms of determining the company success and the decisions and actions to get there with proper manner. I learned that it’s not actually a “versus” but instead it’s a connection, Strategy is the engineer of the building while tactics are the labor workers. Only senior managers can only change the strategy of a firm because it is a long scaling decision while tactics can be change anytime as long as it follows the strategy.
b. What did you like best in our topic? Why?
Ans. The concept itself it give us knowledge how things goes in every firm in terms of achieving their goals and vision. Assessment (Summative)
Title: Essay writing
Date of Submission:
Rubric Used: Rubric for Essay Writing
Things to do:
1. Please answer the following given questions:
a. Discuss the four strategic types as theorized by
Wheelen and Hunger (2004).
Ans. Wheelen and Hunger (2004) theorized that strategic type is a category of firms based on common strategic orientation and a combination of structure, culture, and process consistent with strategy. Competing firms within a single industry can be categorized on the basis of their general strategic orientation into four types. 1. Defender - companies with a limited product line that focus on improving the efficiency of their existing operations 2. Prospectors – companies includes firms With fairly broad product lines that focus on product innovation and market opportunities. 3. Analyzers - business organizations that operate in at least two different product-market areas, one stable and one variable. In the stable areas, efficiency is emphasized 4. Reactors – companies that lack a Consistent strategy-structure-culture relationship.
b. Differentiate between strategy and tactics. (atLeast four)
Ans. 1. Only senior managers can change strategy while tactics can be change by anyone part of the firm. 2. Strategic decision is long term view while tactical is short term view. 3. Strategy is base on planning while tactics is base on doing. 4. Strategy tells what tactics should be used while tactics follows what strategy tells to do.