The final part of the strategy formulation process is
A) formulation of business-level strategies.
B) formulation of functional-level strategies.
C) formulation of corporate-level strategies.
D) development of functional-level goals.
E) development of business-level goals.

Question

Quizplus · Accepted Answer

The final part of the strategy formulation process is the formulation of corporate-level strategies, which involves deciding on the scope and diversification of the company's activities, as well as the allocation of resources among different business units. Business-level and functional-level strategies and goals are developed earlier in the process.

The Final Part of the Strategy Formulation Process Is