T & R Autos Inc.is a large conglomerate that operates in 12 different countries.The corporate executives at the headquarters have decided that the company's objective for the next two years will be to increase its customer equity.Based on this guideline received from the top management team, the product leader of the home appliances division has decided to adopt a cost leadership strategy in all his 12 units.Thus, the decision made by the product leader best illustrates a _____.
A) corporate strategy
B) functional strategy
C) grand strategy
D) business strategy
Correct Answer:
Verified
Q24: To implement specific business strategies, general managers
Q29: A traditional top-down strategic planning process typically
Q40: Nathan is part of a sales team.He
Q41: White Leo Autos manufactures and markets four
Q43: Which of the following strategies best illustrates
Q44: Which of the following functions do the
Q46: Who among the following is responsible for
Q50: The production department at Coral Cements that
Q67: Which of the following strategies best illustrates
Q80: A company's strategic business unit
A) does not
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents