$14.$ What is one key difference between a functional strategy and a business strategy?

a$)$ A functional strategy is broader and encompasses multiple areas of the business, while a

business strategy is more focused on specific departments or functions.

b$)$ A business strategy defines the overall direction and goals of the company, while a functional

strategy outlines specific actions and initiatives to achieve those goals within a particular

function or department.

c$)$ A functional strategy is primarily concerned with short$-$term objectives and operational

efficiency, while a business strategy focuses on long$-$term growth and competitive advantage.

d$)$ A business strategy is developed at the executive level and is more abstract$,$ while a

functional strategy is developed by middle management and is more concrete and actionable