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Questions and Answers
What do business strategies and functional strategies focus on?
What do business strategies and functional strategies focus on?
- Business strategies focus on the overall direction of the company, while functional strategies focus on specific functions within the company. (correct)
- Business strategies focus on short-term goals, while functional strategies focus on long-term goals.
- Business strategies focus on marketing, while functional strategies focus on finance.
- Business strategies focus on daily operations, while functional strategies focus on long-term goals.
What is the primary difference between business strategies and functional strategies?
What is the primary difference between business strategies and functional strategies?
- Business strategies are static, while functional strategies are dynamic.
- Business strategies focus on short-term goals, while functional strategies focus on long-term goals.
- Business strategies are concerned with the entire company, while functional strategies are concerned with specific departments or activities. (correct)
- Business strategies are only applicable to large corporations, while functional strategies are for small businesses.
In what way do functional strategies support business strategies?
In what way do functional strategies support business strategies?
- Functional strategies support business strategies by aligning the activities of various departments with the overall business objectives. (correct)
- Functional strategies support business strategies by ignoring the business objectives and focusing on individual departmental objectives.
- Functional strategies support business strategies by focusing solely on departmental goals without considering the overall business objectives.
- Functional strategies support business strategies by competing with the business strategies.
