The production department at Coral Cements that is a subsidiary of the large conglomerate Five East Corp.has decided to adopt the FIFO (first in,first out)method of inventory to dispatch its cement bags.Which of the following strategies does this scenario best illustrate?

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The production department of Coral Cements has decided to implement a functional strategy. Within each strategic business unit are various business functions: accounting, finance, human resources, product development, operations, manufacturing, marketing, and customer service. Each functional manager is responsible for decisions and actions within a single functional area.

The Production Department at Coral Cements That Is a Subsidiary