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In which level strategies are formulated?

All levels/will it varies depending upon different portfolios of conglomerate products of companies?


K.V. Karthik

K.V. Karthik

CA Inter

34K+

29-Apr-20 17:32

17

Answers (2)

Best Answer

Strategy can be formulated at three levels, namely, the corporate level, the business level, and the functional level. At the corporate level, strategy is formulated for the organization as a whole. Corporate strategy deals with decisions related to various business areas in which the firm operates and competes. At the business unit level, strategy is formulated to convert the corporate vision into reality. At the functional level, strategy is formulated to realize the business unit level goals and objectives using the strengths and capabilities of your organization.


ruchi lahoti

ruchi lahoti

Moderator

30-Apr-20 14:06