BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Your functional level strategies should reflect the fact that corporate and business objectives typically require the involvement of multiple functional areas (e.g., HR, production, R&D, etc.).

Detailed explanation-2: -A functional strategy is concerned with different functional areas in an organization. These include technology, marketing, finance etc. Organizations are as successful as their functional level strategy.

Detailed explanation-3: -At the functional level of strategy, decisions made by employees are often described as tactical decisions. They are concerned with how the various functions of an organization contribute to the other strategy levels. These functions can include marketing, finance, manufacturing, human resources, and more.

Detailed explanation-4: -The three levels are corporate level strategy, business level strategy, and functional strategy. These different levels of strategy enable business leaders to set business goals from the highest corporate level to the bottom functional level.

Detailed explanation-5: -While operational-level strategies cover the company as a whole, functional-level strategies involve individual departments, functions, or roles within the company. These functional strategies serve as components to the overall operational strategy.