The three different types of strategies that managers implement are _________.
A)corporate, competitive and functional
B)public, private and functional
C)long term, short term and functional
D)competitive, non-competitive and long term

Question

Quizplus · Accepted Answer

This is the most common framework used to describe the three different types of strategies that managers implement: corporate strategy which involves decisions about the direction and scope of an entire organization, competitive strategy which involves decisions about how a business will compete within a specific market, and functional strategy which involves decisions about how specific functions (e.g. marketing, operations, human resources) will support the overall business strategy.

The Three Different Types of Strategies That Managers Implement Are