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Questions and Answers
What is corporate strategy concerned with?
What is corporate strategy concerned with?
- Operationalizing business unit strategies
- Defining how to compete in a particular market
- The overall purpose and scope of the organization (correct)
- Achieving operational strategies
What do functional strategies describe?
What do functional strategies describe?
- The overall purpose and scope of the organization
- How to compete successfully in a particular market
- How corporate and business unit strategies will be operationalized in different functional areas (correct)
- Achieving corporate and business unit strategies
What are some examples of functional strategies?
What are some examples of functional strategies?
- Human resources and finance strategies
- Marketing and supply chain management strategies (correct)
- Corporate and business unit strategies
- Market competition strategies
What is the focus of corporate strategy?
What is the focus of corporate strategy?
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What do operational strategies aim to achieve?
What do operational strategies aim to achieve?
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What are functional strategies?
What are functional strategies?
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