A hierarchy of strategy emphasizes the need for the three levels of strategy to complement and support one another.

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A hierarchy of strategy recognizes that corporate, business, and functional strategies must work together in a supportive and complementary manner to achieve overall organizational goals and objectives. Each level of strategy addresses different aspects of the organization's operations and environment, but they are interconnected and interdependent. Corporate strategy sets the overall direction and scope of the organization, while business strategy focuses on how to compete in specific markets or industries. Functional strategy deals with specific areas of operations, such as marketing or production, and supports the other levels of strategy. When all three levels of strategy are aligned and working together effectively, the organization is more likely to achieve its goals and be successful.

A Hierarchy of Strategy Emphasizes the Need for the Three