___ guides the use of resources to implement business strategy.
A) Competitive strategy
B) Corporate strategy
C) Objective formulation
D) Business strategy
E) Functional strategy

Question

Quizplus · Accepted Answer

Functional strategy guides the use of resources within a specific functional area, such as marketing or finance, to support and implement the overall business strategy. It is more focused and specific than corporate or business strategy, which are concerned with overall direction and goals for the entire organization. Competitive strategy and objective formulation are also important components of business strategy, but they do not directly guide the use of resources like functional strategy does.

___ Guides the Use of Resources to Implement Business Strategy