Question: 1. What is a functional strategy? 2. What are stability strategies in business? What are the pros and cons of these strategies? 3. What are

1. What is a functional strategy?

2. What are stability strategies in business? What are the pros and cons of these strategies?

3. What are competitive and cooperative strategies?

4. What are the trade off (pros and cons) between an internal and an external growth strategy? Which approach is best as an international strategy? Why? What about retrenchment?

5. In which ways does policy impact corporate strategy implementation and achievement of organizational goals and objectives?

6. How does a company's portfolio guide decisions?

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Lets address each question step by step 1 What is a functional strategy A functional strategy refers to a plan of action for a specific area within a company such as marketing production finance or hu... View full answer

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