Identify a true statement about corporate strategy of large organizations.
A) It defines the focus for strategic business units of an organization.
B) It provides the means by which business strategies are accomplished.
C) It is necessary to define the businesses in which an organization will participate.
D) It defines how an organization's processes are designed and organized.

Question

Quizplus · Accepted Answer

Corporate strategy involves determining the scope of an organization's business activities, including the industries and markets in which it operates. This choice correctly identifies this aspect of corporate strategy. The other choices are more closely related to business-level or operational-level strategy.

Identify a True Statement About Corporate Strategy of Large Organizations