From Focused to General, Which of the Following Strategy Orders

question 32

Multiple Choice

From focused to general, which of the following strategy orders is correct?

• A) Business, functional, corporate
• B) Operational, business, global
• C) Functional, business, corporate
• D) Business, corporate, global

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Definitions:

Price Policy

A strategy adopted by a company or government to set the sale price of goods or services, often to regulate market behavior or achieve economic objectives.

Market Power

The ability of a company or group to manipulate or control prices and output in a market.

Intense Competition

A market situation characterized by a high level of rivalry among businesses, often leading to innovations and lower prices for consumers.

Entry-Restricting Legal Barriers

Regulations and legal requirements that limit the ability of new competitors to enter an industry.