Functional strategies

Question

Quizplus · Accepted Answer

Functional strategies refer to the actions, approaches, and practices related to particular functions or processes within a business, such as marketing, finance, operations, etc. They are developed by functional managers and teams to achieve specific objectives and goals within their respective areas of responsibility. Option A refers to corrective actions to resolve strategic issues and problems, while option C refers to corporate-level strategy, which unifies the overall direction of the company. Option D refers to top-level executives crafting strategies in general, which may involve both functional and corporate-level strategies.

Functional Strategies