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Question
which of the following is an example of a functional strategy? a company makes the decision to expand its social media presence. a company plans to increase its market share over its rivals. a company decides to expand all divisions into international markets. a company specifies how the marketing department will promote a new product being developed.
Functional strategies are specific plans for individual functional areas like marketing. Expanding social - media presence is a broad goal. Increasing market share is a corporate - level goal. Expanding all divisions internationally is a corporate - level expansion strategy. Specifying how the marketing department will promote a new product is a functional (marketing) strategy.
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A company specifies how the marketing department will promote a new product being developed.