Strategies are typically formulated at three levels: business,corporate,and functional.

Question

Quizplus · Accepted Answer

This statement is true. Strategies are typically formulated at the business level, which focuses on the specific business unit of the organization; at the corporate level, which takes a broader perspective of the organization as a whole; and at the functional level, which focuses on specific functional areas such as marketing, operations or finance.

Strategies Are Typically Formulated at Three Levels: Business,corporate,and Functional