A large, multidivisional business has three levels in its hierarchy of strategy:
A) Corporate - Business - Functional.
B) Environmental - Corporate - Functional.
C) Environmental - Enterprise - Corporate.
D) Business - Divisional - Functional.
E) Industry - Corporate - Divisional.

Question

Quizplus · Accepted Answer

This is the most commonly used hierarchy of strategy in large, multidivisional businesses. The corporate level sets the overall direction and goals for the entire company, the business level develops strategies for each business unit, and the functional level plans for specific functional areas such as marketing or operations.

A Large, Multidivisional Business Has Three Levels in Its Hierarchy