A plan that indicates the actions that managers intend to take at departmental levels such as marketing and R&D in order to allow the organization to attain its goals is known as a:
A)formulating strategy
B)business-level strategy
C)functional-level strategy
D)corporate-level strategy
E)top-level strategy

Question

Quizplus · Accepted Answer

A functional-level strategy is focused on the actions that managers intend to take at departmental levels such as marketing and R&D to support the overall business-level strategy and help the organization attain its goals.Formulating strategy refers to the overall process of creating a plan for the organization, while business-level strategy and corporate-level strategy are broader strategies that encompass multiple departments and functions within the organization. Top-level strategy generally refers to the overall strategic direction of the organization and may include elements of all of these strategies. Therefore, the best choice for this question is C) functional-level strategy.

A Plan That Indicates the Actions That Managers Intend to Take