________ strategy focuses on how specific areas can achieve corporate goals.
A) Corporate
B) Mission
C) Functional
D) Fundamental
E) Business

Question

Quizplus · Accepted Answer

Functional strategy focuses on how specific areas, such as marketing or procurement, can achieve corporate goals. Corporate strategy focuses on defining the overall direction and scope of an organization and includes decisions about diversification, mergers and acquisitions, and resource allocation. Mission strategy defines the purpose and values of the organization, while fundamental strategy focuses on the underlying principles that guide decision-making. Business strategy focuses on how a specific business unit can compete effectively in its market.

________ Strategy Focuses on How Specific Areas Can Achieve Corporate