Which of the Following Is True of Functional Strategies

question 31

Multiple Choice

Which of the following is true of functional strategies?

• A) Functional strategies outline the specific long-range actions to be taken by the organization.
• B) Functional strategies are initiated at the highest level in an organization.
• C) Input by lower levels of management is essential to the successful implementation of functional strategies.
• D) These strategies are chosen during the evaluation phase of the strategic management process.
• E) They are also called competitive strategies.

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Definitions:

Standard Deviation

A metric assessing how much a batch of values differs or spreads out.

Sampling Distribution

The probability distribution of a statistic obtained from a large number of samples drawn from a specific population.

Sample Size

The number of observations or dataset elements selected from a population for the purpose of statistical analysis.

Sample Means

The average value of a set of samples from a population.