Organisational strategies

Which of the following defines what business or businesses the firm is in or should be in?

• Business strategy

• Corporate strategy

• Functional strategy

• National strategy

Which of the following defines how each individual business unit will attempt to achieve its mission?

• Business strategy

• Corporate strategy

• Functional strategy

• National strategy

Which of the following is NOT a level of strategy?

• Corporate strategy

• Business strategy

• Tactical strategy

Stability strategy is a ___________strategy.

• Corporate level

• Business level

• Fuctional level

• strategic level

Which level of strategy focuses on how a business unit competes within a specific market?

• Corporate level strategy
• Business level strategy
• Functional level strategy
• Operational level strategy

Buying another company by one company means_____

• Joint Venture

• Acquisition

• Amalgamation

• Merger

Which level of strategy is concerned with the overall scope of an organization across various industries and markets?

• Corporate level strategy
• Business level strategy
• Functional level strategy
• Operational level strategy

Which of the following is an issue considered in developing corporate strategies?

• What business(es) are we in?

• What direction are we going?

• What resources do we have to implement our strategies?

• What businesses are we in and what to do with those businesses?

An organisation’s strategy:

• remains set in place longer than the mission and objectives

• generally forms over a period of time as events unfold

• tends to be formed at the same time the mission is developed and objectives are formulated

• is usually conceived at a single time when managers sit down and work out a comprehensive strategic plan for the next 3-5 years

The corporate level is where top management directs:

• all employees for orientation

• its efforts to stabilize recruitment needs

• overall strategy for the entire organization

• overall sales projections