A group of managers is considering how their organisation can compete successfully in a particular market. What type of strategy are they devising?
A) Operational
B) Corporate
C) Business
D) Strategic

Question

Quizplus · Accepted Answer

The managers are focusing on how to compete successfully in a specific market, which involves devising a business strategy. Business strategy is concerned with how to compete in particular markets and is distinct from corporate strategy, which is about the overall scope and direction of the organization.

A Group of Managers Is Considering How Their Organisation Can