A decision regarding whether to acquire a business in an unrelated industry would be the concern of:
A) Corporate level strategy
B) Business level strategy
C) Functional level strategy
D) Parent level strategy

Question

Quizplus · Accepted Answer

Corporate level strategy deals with decisions related to the overall scope and direction of a company, including decisions regarding diversification and acquiring businesses in different industries. Business level strategy focuses on how a company competes within a specific industry, while functional level strategy deals with specific functional areas of the company such as marketing or operations. Parent level strategy is not a commonly used term in the field of strategy and does not apply to this context.

A Decision Regarding Whether to Acquire a Business in an Unrelated