Which One of the Following Is Not One of the Elements

question 46

Multiple Choice

Which one of the following is not one of the elements of crafting corporate strategy for a diversified company?

• A)Picking new industries to enter and deciding on the means of entry
• B)Choosing the appropriate value chain for each business the company has entered
• C)Pursuing opportunities to leverage cross-business value chain relationships and strategic fits into competitive advantage
• D)Steering corporate resources into the most attractive business units
• E)Initiating actions to boost the combined performance of the businesses the firm has entered

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Definitions:

Technical Expertise

Specialized knowledge or skills in a specific area of technology, often crucial for solving complex problems or creating innovative solutions.

Functional Departments

Distinct sections within an organization, each dedicated to a specific function or area of expertise such as marketing, finance, or human resources.

Mechanistic

An organizational structure characterized by rigid hierarchies, clear responsibilities, and centralized decision-making.

Organisational Design

Organisational design is the process of creating structures that best serve a company’s mission and objectives.