BACHELOR OF BUSINESS ADMINISTRATION

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BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
At the same time, more and more companies have grown significantly in size and complexity. Managerial strategies to deal with such organizations are considerably different from operational strategies needed to administer smaller, less complex organizations (r. 21-23). La frase destacada hace referencia a:
A
estrategias administrativas
B
las organizaciones grandes y complejas
C
las organizaciones menos complejas
Explanation: 

Detailed explanation-1: -Strategy Formulation-Strategy formulation is the process of deciding best course of action for accomplishing organizational objectives and hence achieving organizational purpose. After conducting environment scanning, managers formulate corporate, business and functional strategies.

Detailed explanation-2: -Strategic decision making within any organization takes place on three levels. The difference between the three levels of strategy in an organization is the level at which they operate in a business. The three levels are corporate level strategy, business level strategy, and functional strategy.

Detailed explanation-3: -Strategic management provides overall direction by developing plans and policies designed to achieve objectives and then allocating resources to implement the plans. Ultimately, strategic management is for organisations to gain a competitive edge over their competitors.

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