In a Single-Business Company, the Strategy-Making Hierarchy Consists of

question 63

Multiple Choice

In a single-business company, the strategy-making hierarchy consists of

• A)business strategy, divisional strategies, and departmental strategies.
• B)business strategy, functional strategies, and operating strategies.
• C)business strategy and operating strategy.
• D)managerial strategy, business strategy, and divisional strategies.
• E)corporate strategy, divisional strategies, and departmental strategies.

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold in the marketplace.

Financial Performance

The measure of an organization's profitability, revenue, expenses, and overall financial health over a specific period.

Legal Compliance

Adherence to laws, regulations, standards, and ethical practices applicable to an organization's operations.

Return on Sales

A financial ratio that calculates the amount of profit generated as a percentage of total sales, indicating the efficiency of a company's operations.