Identify a true statement about corporate strategy.
A)It refers to decisions made at the level of the strategic business unit about how to gain and sustain advantage.
B)It refers to decisions about how to effectively implement the business unit strategy within functional areas.
C)It refers to decisions about activities and strategic choices, such as make versus buy, acquisitions, and strategic alliances.
D)It refers to decisions that are made by senior executives about where to compete in terms of industries and markets.

Question

Quizplus · Accepted Answer

Corporate strategy is the responsibility of top management and it refers to decisions about where to compete in terms of industries and markets. Option A refers to business unit strategy, option B refers to functional strategy, and option C refers to operational strategy.

Identify a True Statement About Corporate Strategy