In Order to Remain Competitive in the Contemporary Business Environment

question 3

Multiple Choice

In order to remain competitive in the contemporary business environment, several firms have started training their employees to stop viewing problems as strictly functional - that is, as only a marketing problem, or an accounting problem, for example.What does this trend illustrate about strategic management?

• A)There has been a renewed emphasis on integrative thinking and solving problem cross-functionally.
• B)Functional barriers are an inherent part of a company's value chain.
• C)Firms are increasingly seeing the value of business intelligence
• D)SWOT analysis is designed to break down functional barriers.