24. What does functional strategy focus on?It focuses on the selection of businesses such that joint ownership and management of these businesses create value that is greater than if the individual businesses were oned and operated separately.It focuses on the direction of the fir. Specifically, the focus is about vision, how the organization sees itself, about the mission, what the organization sees itself doing; about the values, the beliefs and conviction that both guide and constrain the organization in the execution of its strategy.It focuses on the management and execution of decisions relating to a specific functional area such as finance, human resource and operation.All of the above

Answered: What does functional strategy focus on?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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24. What does functional strategy focus on?

It focuses on the selection of businesses such that joint ownership and management of these businesses create value that is greater than if the individual businesses were oned and operated separately.
It focuses on the direction of the fir. Specifically, the focus is about vision, how the organization sees itself, about the mission, what the organization sees itself doing; about the values, the beliefs and conviction that both guide and constrain the organization in the execution of its strategy.
It focuses on the management and execution of decisions relating to a specific functional area such as finance, human resource and operation.
All of the above

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