Business Strategy Is Composed of

question 38

Multiple Choice

Business strategy is composed of

• A) corporate and competitive strategy.
• B) functional and divisional strategy.
• C) competitive and cooperative strategy.
• D) corporate and cooperative strategy.
• E) divisional and competitive strategy.

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Definitions:

Organizing

Organizing divides up tasks and arranges resources to accomplish them.

Controlling

Controlling, in management, involves monitoring performance, comparing it with goals, and taking corrective action as needed to ensure achievement of objectives.

Workforce Diversity

The range of differences among the members of an organization's workforce, including race, gender, age, culture, education, and more.

Demographic Trends

refer to observable patterns and changes in a population over time, including age, income, education, and family structure.