Home › BBA › Strategic Management › Strategic Management Process › The framework a firm uses to organise its activi…
The framework a firm uses to organise its activities within one business is a:
ABuilding-level strategy
BBanking-level strategy
CBooking-level strategy
DBusiness-level strategy
Answer & Solution
Correct answer: D. Business-level strategy
1. It sits below the whole group's plan.
2. It covers one business.
3. It is a business-level strategy.
_Source: OpenStax Principles of Management, Chapter 9, The Strategic Management Process._
Related questions
Once objectives are set, the firm must next turn to the question of:The most detailed plans, guiding day-to-day work, are:Plans that sit below the strategic plan and translate it into shorter-range action are calAlthough the strategy process looks orderly, most top managers actually deal with the stepWhich is given as an example of a performance measure a firm can use?Publicly held companies must disclose their performance because:The last step in the strategy cycle is:The letter M in that framework stands for a goal being: