An Example of a Question Asked at the Business Strategy

question 36

Multiple Choice

An example of a question asked at the business strategy level is:

• A) How are we going to compete for customers in a competitive market?
• B) What is our role in supporting engineering?
• C) How many divisions should we have?
• D) In what industries and markets should the corporation compete in?

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Definitions:

Formal Authority

Refers to the power that an individual holds as a result of their position or role within an organization, entitling them to make decisions, give orders, and enforce rules.

Interpersonal

Relating to interactions between individuals, often involving communication and the ability to work well with others.

Skills Assessment

A process to determine the skills, abilities, and knowledge level of an individual, often used to identify training needs.

Management Skill

The ability to plan, organize, direct, and control individuals or groups of people to achieve specific goals.