What are the functional areas of business that must be integrated with a company's four phases of strategic management that includes thinking, planning, implementation, and feedback?

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Karyth Cara | College Teacher | (Level 1) Senior Educator

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Functional areas in business are the various departments that oversee the operations of an organization. Some predominant functional areas out of many more are:

  • Research and Development
  • Sales
  • Finance
  • Distribution
  • Production

An organization's functional areas are integrated with strategy revision, new strategy development, strategy management, and strategy delivery.
 

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