Strategy formulation involves which of the following?
A)Corporate-level,business-level,and division-level strategy formulation
B)Functional-level,employee-level,and customer-level strategy formulation
C)Corporate-level,business-level,and functional-level strategy formulation
D)Domain navigation,market orientation,and customer definition strategy formulation
E)Domain navigation,functional-level formulation,and corporate-level formulation

Question

Quizplus · Accepted Answer

Strategy formulation typically involves the following levels of strategy: corporate-level strategy (concerned with the overall direction and scope of the entire company), business-level strategy (concerned with how the company competes in a specific industry or market), and functional-level strategy (concerned with how individual departments or functions contribute to the overall success of the business). Therefore, option C, which includes all three levels of strategy, is the best choice.

Strategy Formulation Involves Which of the Following