Asked by
Deonte Watson
on Oct 22, 2024
Verified
A ___ strategy guides activities within one specific area of operations.
A) branding
B) divisional
C) corporate
D) functional
E) business
Functional Strategy
A specific, detailed plan aimed at achieving objectives in a particular business area, supporting the overall business strategy.
Divisional Strategy
A strategic approach in which an organization is divided into semi-autonomous units, each focusing on a specific product line or market segment.
Corporate Strategy
The overall direction and scope of an organization over the long term, which achieves advantage in a changing environment through its configuration of resources.
- Attain an understanding of the different grades of strategic formulation inside an organization, incorporating corporate, business, and functional strategies.
Verified Answer
NC
Learning Objectives
- Attain an understanding of the different grades of strategic formulation inside an organization, incorporating corporate, business, and functional strategies.