Which of the following statements is TRUE about strategy and tactics?
1) Strategy is the plan for outperforming the competition; tactics are how you will carry out your strategy.
2) Tactics are the plans for outperforming the competition; strategy is how you will carry out your tactics.
3) Tactics are more important than strategy.
4) Strategy is more important than tactics.
5) Strategy and tactics are best left vague and open-ended so they can be changed quickly.