Examlex
Which of the following statements is an accurate criticism of the structural-functional approach?
Core Purpose
The fundamental reason for an organization's existence, beyond just making money.
Corporate-Level Strategy
Involves decision-making at the highest level of a company, focusing on the overall scope and direction of the organization.
Strategic Planning
The process of defining a business's strategy, directions, and making decisions on allocating its resources to pursue this strategy.
SBUs
Strategic Business Units are individual units within a larger company, focusing on specific markets or products and having their own mission, objectives, and competitors.
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