In a single-business company, the strategy-making hierarchy consists of
A)business strategy, divisional strategies, and departmental strategies.
B)business strategy, functional strategies, and operating strategies.
C)business strategy and operating strategy.
D)managerial strategy, business strategy, and divisional strategies.
E)corporate strategy, divisional strategies, and departmental strategies.

Question

Quizplus · Accepted Answer

In a single-business company, the strategy-making hierarchy typically involves business strategy at the top level, which outlines the overall approach to compete in the market. Functional strategies come next, detailing the approach in specific areas like marketing, finance, and operations. Operating strategies are at the bottom, focusing on day-to-day processes and tasks.

In a Single-Business Company, the Strategy-Making Hierarchy Consists of