Functional strategies are those that are
A. utilized as corporate benchmarks for evaluating corporate performance in relation to the organization's profitability.
B. used to evaluate the organization's market position with regard to its closest competitors.
C. typically developed and implemented organization-wide by the board of directors.
D. utilized by top management in developing the corporate structure and resource allocation of an organization.
E. implemented by each functional area of an organization to support the business strategy.
Answer: E
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Which of the following is an example of a change in accounting principle that is accounted for retrospectively?
A) an Accounting Standards Update has been issued and a former principle is no longer generally accepted B) ?initial adoption of a generally accepted accounting principle because of events or transactionsoccurring for the first time C) change to a generally accepted accounting principle from a principle that is not generally accepted D) modification of an accounting principle for transactions or events that are clearly different in substance from those previously occurring
Catherine visited American Eagle, an apparel store, to browse through the new spring collection. The sales associate greeted her when she entered the store, showed her the new collection, and stayed with her throughout her shopping experience, bringing her additional items while Catherine was in the dressing room. This sales service can best be described as
A. a perceived service. B. a personalized service. C. wardrobing. D. micromanagement. E. a standardized service.
The cash basis of accounting is prohibited for income tax purposes
Indicate whether the statement is true or false
Alternation ranking requires only that the rater order all employees from highest to lowest, from "best" employee to "worst" employee.
Answer the following statement true (T) or false (F)