What does a company's functional-level strategy identify?
A) how to build and strengthen the business's long-term competitive position in the marketplace
B) the portfolio of businesses that comprise the company
C) the basic courses of action that each department will pursue in order to help the business attain its competitive goals
D) how the company can become a low-cost leader

Question

Quizplus · Accepted Answer

Functional strategies identify the basic courses of action that each department will pursue in order to help the business attain its competitive goals. A business-level strategy identifies how to build and strengthen the business's long-term competitive position in the marketplace. A company's corporate-level strategy identifies the sorts of businesses that will comprise the company.

What Does a Company's Functional-Level Strategy Identify