Functional Managers Have the Ability to Come Up with Strategic

question 37

Multiple Choice

Functional managers have the ability to come up with strategic initiatives that may influence the direction of the company.The reason for this is?

• A) Since they are responsible for executing a business strategy, how they do it impacts what actually happens.
• B) They are closer to products, services, and customers.
• C) Since strategic planning is a bottom-up process, they are responsible for developing the scenarios looked at.
• D) They have a better understanding of what the company's capabilities are and can discern new opportunities that match.

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Definitions:

Project Leaders

Individuals responsible for guiding a project team towards achieving the project's objectives, ensuring tasks are completed on time and within budget.

Network Structure

An organizational form characterized by less hierarchical, more flexibly connected nodes or units, allowing for fluid communication and collaboration.

External Environments

Factors, conditions, and influences that exist outside of an organization and can impact its performance and strategies.

Organizational Strategy

A plan of action designed to achieve a long-term or overall aim within an organization.