How can I respond to this in 100 words? Business-level strategies are known to thrive in conjunction with strategies that are supported within the business unit’s operational level. The functional areas should be combined with other department activities because adjustments of other departments can affect the performance that drives the business unit. Tactics is considered a vital term to support the strategy that is considered within the functional area. “ Moreover, business strategies are usually developed by the business unit’s top executives, while functional strategies are typically crafted by the departmental managers responsible for implementing them” (Parnell, 2017, p. 183). For best practices, the corporate and business strategies should already have been established to increase the value and effectiveness of the functional or tactical strategies within an organization.  While incorporating such strategies, it is imperative for managers to understand the interrelationships within all functional areas of the business units.  Functional strategies relate to an organization because it allows employees the ability to foster commitment to training and development that produces good work habits.  “Organizations may fail to maximize the performance benefits of strategic change because they either do not detect the presence of performance loss or fail to diagnose and mitigate the loss” (Jun et al., 2007, p.156). There should be Functional strategies integrated to support the uniqueness of any organization. In those functional strategies, there should be competitive advantages to attract qualified employees within the competitive market. However, fostering a culture that adheres to the needed changes within the business unit is vital in order to achieve a successful organization. “Keep in mind, you also want to make this culture sustainable, so it must be a part of every level of your organization” (Prune, 2023, p.46). Ineffective organizational practices will result in unethical wrongdoing and hardships within the organization that causes major setbacks.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
icon
Related questions
Question

How can I respond to this in 100 words?

Business-level strategies are known to thrive in conjunction with strategies that are supported within the business unit’s operational level. The functional areas should be combined with other department activities because adjustments of other departments can affect the performance that drives the business unit. Tactics is considered a vital term to support the strategy that is considered within the functional area. “ Moreover, business strategies are usually developed by the business unit’s top executives, while functional strategies are typically crafted by the departmental managers responsible for implementing them” (Parnell, 2017, p. 183). For best practices, the corporate and business strategies should already have been established to increase the value and effectiveness of the functional or tactical strategies within an organization.  While incorporating such strategies, it is imperative for managers to understand the interrelationships within all functional areas of the business units. 

Functional strategies relate to an organization because it allows employees the ability to foster commitment to training and development that produces good work habits.  “Organizations may fail to maximize the performance benefits of strategic change because they either do not detect the presence of performance loss or fail to diagnose and mitigate the loss” (Jun et al., 2007, p.156). There should be Functional strategies integrated to support the uniqueness of any organization. In those functional strategies, there should be competitive advantages to attract qualified employees within the competitive market. However, fostering a culture that adheres to the needed changes within the business unit is vital in order to achieve a successful organization. “Keep in mind, you also want to make this culture sustainable, so it must be a part of every level of your organization” (Prune, 2023, p.46). Ineffective organizational practices will result in unethical wrongdoing and hardships within the organization that causes major setbacks. 

 

Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles Of Marketing
Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,
Marketing
Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing: An Introduction (13th Edition)
Marketing
ISBN:
9780134149530
Author:
Gary Armstrong, Philip Kotler
Publisher:
PEARSON
MKTG 12:STUDENT ED.-TEXT
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:
9781337407595
Author:
Lamb
Publisher:
Cengage
Contemporary Marketing
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning