Read the Forbes article, “Managing \'Stakeholder Interaction\' for Better Busine

Question

Read the Forbes article, “Managing 'Stakeholder Interaction' for Better Business Strategy,” and address the following questions:

What is the difference between a strategy and a tactic?

How is the concept of corporate sustainability, as described in the article, connected to the company’s strategy?

What are two ways a leader can convey the company strategy to internal stakeholders?

PLease at least make this post 300 words with References

References:

Medland, D. (2015). Managing 'stakeholder interaction' for better business strategy (Links to an external site.)Links to an external site.. Forbes. Retrieved from http://www.forbes.com/sites/dinamedland/2015/08/16/managing-stakeholder-interaction-for-better-business-strategy/

Explanation / Answer

So we can say that strategies and tactics go hand in hand. Both are necessary for the achievement of the objective. Both should match each other, misbalance in strategy and tactic can result in failure.

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