Which of the following statements about functional strategy is BEST?
A)Functional strategies are not impacted by the mission statement;instead they are impacted by the overall business strategy.
B)Functional strategies determine the overall business strategy.
C)Many functional-level strategies could readily be described as cross-functional.
D)A firm's operations and supply chain strategy is more important than their marketing,finance and engineering strategies.

Question

Quizplus · Accepted Answer

Functional strategies can often involve multiple functions working together to achieve a specific goal. Therefore, many functional-level strategies could be described as cross-functional. Option A is incorrect as functional strategies are influenced by both the overall business strategy and the mission statement. Option B is incorrect as functional strategies are developed to support the overall business strategy, not determine it. Option D is incorrect as all functional strategies are important to a firm's success and should be developed and implemented accordingly.

Which of the Following Statements About Functional Strategy Is BEST