Functional Strategies Are Those That Are

question 34

Multiple Choice

Functional strategies are those that are

• A)implemented by each department of an organization to support the business strategy.
• B)utilized by top management in developing the corporate structure and resource allocation of an organization.
• C)typically developed by the board of directors.
• D)utilized as corporate benchmarks for evaluating corporate performance.
• E)used to evaluate competitors.

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Definitions:

Individual Members

Persons who belong to a group, organization, or a collective entity, each with their specific roles, responsibilities, and contributions to the group's overall function.

Latin America

A region comprising countries in the Americas where Romance languages (predominantly Spanish and Portuguese) are spoken, covering parts of North and South America and the Caribbean.

World Wars

Refers to the two major global conflicts of the 20th century: World War I (1914-1918) and World War II (1939-1945), involving many of the world's nations.

Dominance

The state or condition of having power and influence over others, often observed in social, economic, and ecological contexts.