In a Diversified Company, the Strategy-Making Hierarchy Consists of

question 45

Multiple Choice

In a diversified company, the strategy-making hierarchy consists of

• A)corporate strategy and a group of business strategies (one for each line of business the corporation has diversified into).
• B)corporate or managerial strategy, a set of business strategies, and divisional strategies within each business.
• C)business strategies, functional strategies, and operating strategies.
• D)corporate strategy, business strategies, functional strategies, and operating strategies.
• E)its diversification strategy, its line of business strategies, and its operating strategies.

---

Definitions:

Coaching

A developmental process where an individual, usually more experienced, supports and guides another individual to achieve specific personal or professional goals.

Force Field Analysis

A management technique developed by Kurt Lewin, used to identify and analyze the forces that affect change within an organization.

Unfreezing

The process of making individuals more open to change by overcoming inertia and dismantling existing mindsets.

Change Agents

Individuals or entities that act as catalysts for change within an organization, influencing or transforming its values, culture, or operations.