Levels of Strategy Flashcards
1
Q
Comprises of decisions that give the organization what industry it will be and not be in and how it will allocate specific resources
A
Corporate strategy
2
Q
A set of decisions that provides ways on how the organization competes in the industry it chooses to be in and eventually sustains a competitive advantage
A
Business strategy
3
Q
Comprises of decisions in the different functions of the organization that support the business strategy
A
Functional strategy
4
Q
They translate the strategies in the corporate and business levels to departmental or functional units. They are transformed into specific processes, human, and other resources
A
Operational strategies
