Which of the following is typically a corporate-level strategy formulation responsibility?
A) Establishment of short-term operating goals
B) Choice of generic strategy for each business unit
C) Selection of businesses in which to compete
D) Direct supervision of research and development programs

Question

Quizplus · Accepted Answer

Selection of businesses in which to compete is a corporate-level strategy formulation responsibility. This involves determining which industries and markets the company should enter or exit in order to achieve its overall objectives.

Option A is a responsibility of the functional-level manager who sets short-term operating goals for their department or unit.

Option B is the responsibility of the business-level manager or strategic business unit (SBU) manager, who chooses a generic strategy for their individual unit or division.

Option D is the responsibility of the functional-level manager who oversees the research and development programs within their specific area.

Which of the Following Is Typically a Corporate-Level Strategy Formulation