Which of the following best describes a functional strategy?
A) A strategy for determining the firm's overall attitude toward growth and the way it will manage its businesses or product lines
B) A strategy at the business-unit or product-line level that focuses on improving a firm's competitive position
C) A strategy by which managers in specific areas decide how best to achieve corporate goals through productivity
D) A strategy that assists first-line managers in making day-to-day decisions about motivating employees
E) A strategy that integrates an organization's marketing goals into a cohesive whole by focusing on the ideal product mix to achieve maximum profit potential

Question

Quizplus · Accepted Answer

Functional strategy is concerned with how the specific areas within a firm, such as marketing, finance, or manufacturing, contribute to achieving the company's overall corporate goals. It focuses on the tactics and methods used within these departments to increase productivity and efficiency.

Which of the Following Best Describes a Functional Strategy