3M and HP, invest heavily to improve their skills in R&D and product design. This is an example of a ________ strategy.
A) functional-level
B) business-level
C) supply-level
D) corporate-level

Question

Quizplus · Accepted Answer

Investing in R&D and product design to improve skills is a functional-level strategy, as it focuses on enhancing specific areas or functions within the company, such as the research and development or design departments, to create a competitive advantage.

3M and HP, Invest Heavily to Improve Their Skills in R&D