Coles Supermarkets and Target are divisions of Coles Ltd.It is correct to state that Coles Ltd managers would formulate the company's corporate-level strategies,while the manager of Coles Supermarkets and Target would be responsible for business-level strategies.

Question

Quizplus · Accepted Answer

Corporate-level strategies are formulated by top-level managers of the parent company, while business-level strategies are formulated by managers of individual divisions or subsidiaries. Therefore, it is correct to state that Coles Ltd managers would formulate the company's corporate-level strategies, while the manager of Coles Supermarkets and Target would be responsible for business-level strategies.

Coles Supermarkets and Target Are Divisions of Coles Ltd