With regard to strategy implementation and evaluation in the strategic management process, which one of the following statements is true? Available answer options Select only one option A A functional structure, in which departments are defined by the operation they perform, works best in diversified companies. B A company following a cost leadership strategy favors an organizational structure with many levels between functional-level positions and executive-level positions. C Financial controls such as loss, expense and combined ratios are typically used by insurers to monitor production processes and work flow. D As part of the control process in strategy evaluation, results are compared to standards and corrective actions are implemented if goals are not met