Asked by Nayda Espinoza on Jun 20, 2024
Verified
P&G operates many different divisions to sell its various consumer brands. Jif peanut butter is one of the many products made by P&G. Imagine that P&G decided that Jif peanut butter should be the peanut butter served in 80% of the school districts in the Southeastern U.S. by the end of 2009. For P&G this would be an example of a(n) :
A) corporate strategy
B) operational goal
C) tactical goal
D) business strategy
E) functional strategy
Tactical Goal
Short-term objectives set by an organization that are aimed at achieving a specific part of a larger strategic plan.
Corporate Strategy
a long-term, overarching plan of a corporation designed to achieve specified objectives while managing competition and market challenges.
Business Strategy
A plan developed by an organization detailing how it will use its resources to achieve its goals and stand out in the market.
- Forecast and explicate fluctuations in the United States' work market and their significance for HR operations.
Verified Answer
DM
Darrin MartinJun 24, 2024
Final Answer :
D
Explanation :
This would be an example of a business strategy because it involves making strategic decisions at the business unit level (in this case, the Jif peanut butter brand) about how to compete successfully in the market, specifically targeting a significant market share in the Southeastern U.S. school districts.
Learning Objectives
- Forecast and explicate fluctuations in the United States' work market and their significance for HR operations.