Question

Which is not considered as a functional strategy?

Answer 1

Answer:

Most common functional strategies used in management are: financial strategy, marketing strategy, production strategy, human resources strategy (personnel strategy) and research and development strategy

Answer 2

COMPLETE QUESTION:-

Which is not considered a functional strategy?

A. Financial

B. Marketing

C. Product-market

D. Operations

ANSWER:-

• C. Product-market is the correct option.

EXPLANATION:-

• Product-market is one of the following that would not be contemplated as a functional strategy. A product market pertains to a place where goods and services are bought and sold.
• A functional strategy is a strategy a business function puts up with to attain corporate and business unit goals and policies by maximizing resource productivity. It deals with a somewhat limited plan that gives the goals for a particular business function.
• A business must set strategies to make the business satisfactory, these are the objectives and purposes of the business. There are three degrees of strategy in business; the corporate level, the business unit level, and the functional level.

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