Assignment task:
The first-year MBA course in strategy at Harvard Business School defines strategy as 'an integrated set of choices that positions a firm in an industry so as to generate superior financial returns over the long run'. Marketing strategy, finance strategy, corporate strategy, operations strategy, and business or other functional unit strategy are not independent because the choices of each unit can affect the performance outcome. In a top-down directed model, strategy follows a clear path through the organization, called the strategy hierarchy. This hierarchical flow is best represented by which of the following directional paths? Corporate strategy > business unit strategy > functional strategy Corporate strategy > marketing strategy > operations strategy Financial investment strategy > marketing strategy > operations strategy Functional strategy > business unit strategy > corporate strategy