Asked by
Kayla Humphres
on Oct 22, 2024Verified
___ addresses the question: "How are we going to compete for customers within this industry and market?"
A) Environmental strategy
B) Functional strategy
C) Operating strategy
D) Business strategy
E) Corporate strategy
Business Strategy
A plan of action designed to achieve a company's long-term goals and compete effectively in the market.
Environmental Strategy
A plan of action adopted by an organization to interact with its environment in a sustainable and beneficial manner, often with the goal of reducing negative environmental impact.
Functional Strategy
A specific approach taken by a department or unit within an organization to achieve its goals and contribute to the overall business strategy.
- Gain insight into the multiple stratums of strategy existing within an enterprise, covering corporate, business, and functional strategies.
Verified Answer
YA
Learning Objectives
- Gain insight into the multiple stratums of strategy existing within an enterprise, covering corporate, business, and functional strategies.