A successful functional strategy should primarily support which aspect of a company?

Prepare for the Global Strategy Exam. Use flashcards and multiple choice questions, complete with hints and detailed explanations. Master the material and excel on your test!

A successful functional strategy plays a crucial role in aligning and supporting the overall corporate strategy of a company. This alignment is essential because the functional strategy focuses on how various departments (such as marketing, finance, operations, etc.) can effectively contribute to achieving the broader objectives and goals outlined in the corporate strategy. When functional strategies support the corporate strategy, it ensures that resources are utilized optimally, departmental actions are coordinated, and there is a unified direction towards achieving the company's long-term vision.

This interconnectedness helps to enhance efficiency and effectiveness across the organization, allowing each functional area to deliver results that serve the corporate objectives. By ensuring that every department is on board with the company’s overarching goals, it creates a more cohesive strategy that drives the entire organization forward, ultimately contributing to competitive advantage and market success.

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