In the process of strategic management,the ________ strategy determines what business or businesses the firm wishes to operate.
A) functional
B) business-level
C) corporate-level
D) unit-level

Question

Quizplus · Accepted Answer

The corporate-level strategy in strategic management is concerned with determining what business or businesses the firm wishes to operate. It involves decisions regarding diversification, portfolio management, and allocation of resources across multiple businesses or units. Functional and unit-level strategies are more focused on specific areas or functions within the organization, while business-level strategy is concerned with how the firm competes in a particular market or industry.

In the Process of Strategic Management,the ________ Strategy Determines What