Which of the Following Functions Do the General Managers in Strategic

question 79

Multiple Choice

Which of the following functions do the general managers in strategic business units primarily perform?

• A) Design generic business strategies based on guidelines received from corporate headquarters
• B) Set overarching strategic objectives to unify the entire conglomerate under one mission
• C) Take responsibility for decisions and actions within a single functional area
• D) Allocate scarce resources among different business divisions

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Definitions:

Government

The body or system through which a community, state, or nation is governed, providing order, security, and services to its population.

Market Price

The current price at which an asset or service can be bought or sold in a given market.

Rent Controls

Government-imposed limits on the amount landlords can charge for renting out their property, typically aimed at making housing more affordable.

Rental Units

Rental units refer to properties available for rent, including apartments, houses, and commercial spaces, which provide housing or operational space for tenants.