When planning corporate strategy, the most challenging task for corporate headquarters is to:
A)Build a strategic plan quickly that achieves all the corporate goals
B)Resolve conflicts among divisions
C)Encourage divisional initiative and strategic proposals
D)Allow divisions to have sufficient initiative and decision making powers to choose and plan their own goals and strategies, while achieving all the common corporate goals

Question

Quizplus · Accepted Answer

The most challenging task for corporate headquarters when planning corporate strategy is to strike a balance between giving enough decision-making power and initiative to the divisions while ensuring that they align their goals and strategies with the common corporate goals. This requires effective communication, coordination, and collaboration among the divisions, which can be a challenging task for the corporate headquarters. Hence, option D is the best choice.

When Planning Corporate Strategy, the Most Challenging Task for Corporate