Answer:

The concept is that a strategic business unit is a significant organization segment that is analyzed to develop organizational strategy aimed at generating future business or revenue. Corporate Strategy level is fundamentally concerned with the selection of businesses in which the company should compete and with the development and coordination of that portfolio of business. The primary items for this level are the following: reach, competitive contact, managing activities and business interrelationships and management practices. Business level on the other hand is a strategic business unit that may be a division, product line or profit center that can be planned independently from other business units of the organization. In this level, the strategic issues are less about coordination of operating units and more about developing and sustaining competitive advantage for the goods and services they produced. The third is Functional level, where it is the operating divisions and departments. The strategic issues at the functional level are related to business processes and value chain. It involves the development and coordination of resources through which business unit level strategies can be executed effectively. Functional units of an organization are involved in higher level strategies by providing input into the business unit level and corporate level strategy such as providing information on resources and capabilities on which the higher level can be based. Goals and objectives are often interchanged at each level. Basically it is more geared towards what

the organization would want to be in the future and the means by which to get there. The means are

needed to be quantifiable to gather accurate interpretations.