A large 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

The three levels of strategy in this hierarchy are Corporate, Business and Functional. This is the most commonly used hierarchy of strategy in large businesses. The corporate level focuses on overall direction and strategy of the entire company, the business level focuses on specific business units or divisions, and the functional level focuses on specific functions or departments within those business units or divisions.

A Large Business Has Three Levels in Its Hierarchy of Strategy