Which Strategy Is Developed to Pull Together the Various Activities

question 62

Multiple Choice

Which strategy is developed to pull together the various activities and competencies of each department so that corporate and business unit performance improves and resource productivity is maximized?

• A) business strategy
• B) competitive strategy
• C) generic strategy
• D) enterprise strategy
• E) functional strategy

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Definitions:

Income

Income is the money received, especially on a regular basis, for work or through investments.

Real GDP

A macroeconomic measure of the value of economic output adjusted for price changes (inflation or deflation), giving a more accurate depiction of an economy's size and growth rate.

Recessions

Periods of economic decline when real GDP falls for two consecutive quarters, indicating a significant reduction in economic activity across the economy.

Inflation Rate

A rate, described in percentages, indicating how prices for various goods and services are climbing, which in turn decreases the value of money.