Operating Strategies Concern

question 24

Multiple Choice

Operating strategies concern

• A)what the firm's operating departments are doing to unify the company's functional and business strategies.
• B)the specific plans for building competitive advantage in each major department and operating unit.
• C)the relatively narrow strategic initiatives and approaches for managing key operating units within a business and for performing strategically significant operating tasks.
• D)how best to carry out the company's corporate strategy.
• E)how best to implement and execute the company's different business-level strategies.

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Definitions:

Wealth

The abundance of valuable financial assets or physical possessions which can be converted into forms that can be used for transactions.

Compensating Differential

The difference in wages that arises from differences in the non-monetary aspects of different jobs, such as risk or desirability.

Coding Sector

The industry segment focused on the development, writing, and implementation of computer software and programs.

Labor Force

The total number of people available to work, including both the employed and the unemployed.