Corporate strategy is concerned with:
A)The scope of the firm in terms of industries and markets, and the allocation of its resources
B)A firm's relationships with its principal stakeholders
C)The corporate governance of each individual business
D)None of the above

Question

Quizplus · Accepted Answer

Corporate strategy is about the overall direction and scope of an organization and how it allocates resources to achieve its goals. This includes decisions about which industries and markets to enter or exit, and how to balance the portfolio of businesses within the organization. Stakeholder relationships and corporate governance are important considerations, but they are not the primary focus of corporate strategy.

Corporate Strategy Is Concerned With