Who among the following has given the statement : “transition from single function focus to a multi function focus is essential for successful strategic management”?
Igor Ansoff
Option 3 — Igor Ansoff is correct.
Igor Ansoff, widely regarded as the “father of strategic management,” stressed that effective strategy cannot be built around a single business function. He argued that success requires a shift from a single-function focus (viewing the firm through one department such as production or marketing) to a multi-function, integrated view in which all functions are coordinated toward the firm’s overall strategic goals. This holistic, corporate-level orientation is central to his pioneering work on corporate strategy and the well-known Ansoff (product-market growth) matrix.
Why the other options are wrong:
| Scholar | Known for |
|---|---|
| Robert Grant | Resource-based view of strategy and knowledge management. |
| J.B. Barney | Resource-Based View and the VRIN/VRIO framework of competitive advantage. |
| Edgar Schein | Organizational culture and career-anchor theory. |
Takeaway: The insistence on moving from a single-function to a multi-function focus in strategic management is credited to Igor Ansoff.
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Which one among the following is not a correct statement ?
Which of the following statements is not correct about strategic management ?
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Important Questions from Strategic Management
When the organizational requirements advocate tight cost control; frequent, detailed control reports; structured organization and responsibilities and incentives based on meeting strict quantitative targets then it is called:
Which of the following strategies are types of combination strategies?
(A) No change strategies
(B) Pause/Proceed with caution strategies
(C) Turn around strategies
(D) Profit strategies
(E) Concentration strategies
As per Henry Mintsberg, which of the following is NOT a part of his conception of types of strategies?
- Strategic Management involves :
(a) Assessment of external environment
(b) Identification of subsystem
(c) Unity of command
(d) Span of control
(e) Assessment of resources and capabilities
(f) Identification of goal
Code : Put the following steps of strategic Management Process in correct sequence :
a. Scanning and Evaluation of Business Environment
b. Formulating strategies
c. Implementation of Corporate Strategy
d. Deciding about the Mission of the organisation
e. Setting Corporate Level Objective
Codes :
