Operating Strategies Are Primarily Concerned with

question 97

Multiple Choice

Operating strategies are primarily concerned with

• A)what the firm's operating departments are doing and plan to do to unify the company's functional and business strategies.
• B)the specific plans for building competitive advantage in each major department and operating unit.
• C)how to manage initiatives of strategic significance within each functional area, and adding detail and completeness in ways that support functional strategies and the overall business strategy.
• D)how best to carry out the company's corporate strategy.
• E)how best to implement and execute the company's different business-level strategies.

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Definitions:

Common Law

A legal system based on custom, court rulings, and precedent rather than written laws.

Negligence

The failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, leading to harm or damage.

Damages

Compensation claimed by a person who has suffered loss or harm due to the wrongful act of another.

Dry-Cleaning Chemicals

These are the chemicals used in the process of dry cleaning, which is a method of cleaning clothes and textiles using a solvent other than water.