Implementing Strategy Affects All the Functional Areas of a Business

question 110

True/False

Implementing strategy affects all the functional areas of a business and may influence some divisional areas of a business.

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Definitions:

Organization

A structured group of people with a specific purpose or goal, such as businesses, governments, and non-profits.

Stakeholders

Individuals or groups that have an interest or stake in the outcome of a project, initiative, or enterprise.

Technology Use

The application of scientific knowledge for practical purposes, especially in industry.

Communication

Communication is the process of exchanging information, ideas, thoughts, and feelings through verbal or non-verbal means.