Strategic Planning process, CEO wants to assign the budget to each business function for functional strategy execution. Based on the opinion, the following are the summarize points. Human resource strategy is 1/5 of financial strategy, 1/9 of operations strategy and similar to marketing strategy. The financial strategy has a similar im

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter7: Planning And Goal Setting
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Strategic Planning process, CEO wants to assign the budget to each business function for functional strategy execution. Based on the opinion, the following are the summarize points. Human resource strategy is 1/5 of financial strategy, 1/9 of operations strategy and similar to marketing strategy. The financial strategy has a similar impact as operations strategy and 5 times impact as compare to marketing strategy. Operations strategy has 5 times impact as compare to marketing strategy and 9 times as compare to human resource strategy.

What would be the first choice for strategy execution?

Group of answer choices

1)Financial Strategy

2)Human Resource Strategy

3)Operations Strategy

4)Marketing Strategy

Please show your work 

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