Question: An organization's strategy is its plan for positioning itself in the market in unique and valuable ways. This activity is important because strategic management takes

An organization's strategy is its plan for

An organization's strategy is its plan for positioning itself in the market in unique and valuable ways. This activity is important because strategic management takes place at three different levels in an organization, and it is important to understand how each of these levels of strategy supports the others. The goal of this activity is to challenge your knowledge of the three levels of strategy. Read the questions. Then, select the level of strategy that each question best exemplifies. 1. What business are we in? Corporate-level strategy 2. What amount should we invest in employee development? Business-level strategy 3. What products and services shall we offer? (Click to select) A 4. What's the best way to integrate our department's latest innovation with older versions of the product? (Click to select) 5. How should our division market our new program? (Click to select) 6. What sum will we allocate toward facilities expansion? (Click to select) 7. Which joint ventures and/or acquisitions should we pursue? (Click to select) 8. How much should we set aside for new product development? (Click to select) 9. How should we structure compensation for those working on our team's new initiative? (Click to select) Functional-level strategy Corporate-level strategy Business-level strategy Prev 27 of 27 HH Neyt

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