Which of the Following Is True of Functional Strategies

question 15

Multiple Choice

Which of the following is true of functional strategies?

• A) They are wider in scope than business strategies.
• B) They are primarily concerned with how to compete in a given business.
• C) They support the business strategies.
• D) They are in effect for a relatively long period.
• E) They are also called competitive strategies.

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Definitions:

Account Manager

A professional responsible for managing relationships with specific customers or client accounts, ensuring their needs are met and business goals are achieved.

Technical Manager

An individual responsible for overseeing technical projects and teams, ensuring that technical activities align with organizational goals.

Centralization

Decision making based at the top of the management hierarchy.

Decision Making

The cognitive process of selecting a course of action from multiple alternatives.