Functional Strategies

question 23

Multiple Choice

Functional strategies

• A) specify what actions a company should take to resolve specific strategic issues and problems.
• B) concerns the actions,approaches,and practices related to particular functions or processes within a business.
• C) are concerned with how to unify the firm's several different operating strategies into a cohesive whole.
• D) are normally crafted by the company's CEO and other senior executives.
• E) None of these.

---

Definitions:

Union Leadership

Refers to individuals or a group of individuals who are elected or appointed to govern and represent a labor union, making decisions and acting as intermediaries between the union's membership and employers.

Rank and File

The regular members of an organization, particularly in military or labor union contexts, as distinct from the leadership or command structures.

Government Control

The extent to which a government uses its authority to regulate and direct economic operations, policy-making, and society.

Collective Bargaining

The process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights.