________ strategies are the short-term goal-directed decisions and actions of the organization's various functional areas.
A) Competitive
B) Coordinating
C) Corporate
D) Business
E) Functional

Question

Quizplus · Accepted Answer

Functional strategies are specifically focused on the decisions and actions of the organization's different functional areas, such as marketing, finance, operations, and human resources. These strategies are designed to achieve short-term goals and objectives that align with the overall business strategy. Competitive, corporate, and business strategies are broader in scope and typically involve longer-term planning and decision-making at the firm level, while coordinating strategies refer to efforts to integrate and align the various functional strategies within the organization.

________ Strategies Are the Short-Term Goal-Directed Decisions and Actions of the Organization's