Functional Strategies

question 57

Multiple Choice

Functional strategies

• A) unify the company's various operating-level strategies.
• B) specify how to build and strengthen the skills,expertise,and competencies needed to execute operating-level strategies successfully.
• C) support and add power to the corporate-level strategy.
• D) add relevant detail to the "hows" of a company's business-level strategy and specify what resources are needed to put the strategy into action.
• E) create the chief elements of the company's strategy map.

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Definitions:

Restrictions

Limitations or controls imposed on activities, freedoms, or operations, often set by laws, regulations, or policies to manage or govern behavior.

British

Pertaining to the United Kingdom or its people, culture, and traditions, including elements related to England, Scotland, Wales, and Northern Ireland.

Colonists

Individuals who settle in a new land or territory but maintain affiliations with their country of origin, often establishing colonies.

Increased Taxes

A fiscal policy action where the government raises the taxes levied on income, goods, services, or transactions to generate additional revenue.