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In Order to Remain Competitive in the Contemporary Business Environment

Question 3

Multiple Choice

In order to remain competitive in the contemporary business environment, several firms have started training their employees to stop viewing problems as strictly functional - that is, as only a marketing problem, or an accounting problem, for example.What does this trend illustrate about strategic management?


A) There has been a renewed emphasis on integrative thinking and solving problem cross-functionally.
B) Functional barriers are an inherent part of a company's value chain.
C) Firms are increasingly seeing the value of business intelligence
D) SWOT analysis is designed to break down functional barriers.

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