Master Organizational Strategy
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Questions and Answers

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?

  • 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?

  • 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?

    <p>Determining the overall purpose and scope of the organization</p> Signup and view all the answers

    What do operational strategies aim to achieve?

    <p>Achieving corporate and business unit strategies</p> Signup and view all the answers

    What are functional strategies?

    <p>Strategies that describe how corporate and business unit strategies will be operationalized in different functional areas</p> Signup and view all the answers

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