A functional strategy is the strategic plan for managing one line of business.

Name: A functional strategy is the strategic plan for managing one line of business.
Brand: Quizplus
Rating: 4.8 (29 reviews)

Question

Quizplus · Accepted Answer

A functional strategy is not specific to one line of business, but rather focuses on a particular function within a company, such as marketing or finance. A strategic plan for managing one line of business would be considered a business-level strategy.

A Functional Strategy Is the Strategic Plan for Managing One