Explain how functional strategies can support an organization's corporate strategy.

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The Answer is Functional strategies are related to organizational functions such as marketing, finance, human resources, production, as well as research and development. They support the organization's corporate-level strategy by providing direction for the short-term activities required by each functional area to meet the goals established in the corporate-level strategy. Functional strategies also provide some operational frameworks for an organization to implement its corporate and business strategies effectively.

Explain How Functional Strategies Can Support an Organization's Corporate Strategy