The final part of the strategy formulation process is:
A) choosing business-level strategies.
B) choosing functional-level strategies.
C) choosing corporate-level strategies.
D) choosing functional-level goals.
E) choosing business-level goals.

Question

Quizplus · Accepted Answer

The final part of the strategy formulation process is choosing corporate-level strategies, which are the overall plans that guide the entire organization in achieving its mission and objectives. These strategies are typically focused on issues such as diversification, mergers and acquisitions, and strategic alliances. Choosing business-level and functional-level strategies and goals are part of the earlier phases of the strategy formulation process.

The Final Part of the Strategy Formulation Process Is