Importance of Strategic Management in Organizations Quiz

Deciding on the business strategy

Executing corporate and business-level plans (correct)

Developing functional strategies

Creating corporate-level plans

Executing functional level strategies

Giving decision-making power to all teams across different levels

Drawing ideas and plans at the business level

Making decisions solely by leadership at the corporate level (correct)

Executing functional strategies

Drawing ideas and plans to achieve corporate goals (correct)

Making decisions at the corporate level

Developing strategies for business functions