The role of managers with respect to corporate-level strategy is to
A)identify which resources provide distinctive capabilities.
B)identify which industries a company should compete in to maximize long-run profit.
C)identify which of the company's businesses has a sustainable source of competitive advantage.
D)position the firm within its industry.
E)strengthen a company's core competitive competencies.

Question

Quizplus · Accepted Answer

The role of managers with respect to corporate-level strategy is to identify which industries a company should compete in to maximize long-run profit. This involves analyzing the external environment and the company's resources to determine the most attractive industries to compete in. Managers must then make strategic decisions regarding which businesses to enter or exit, and how to allocate resources across different business units to achieve the desired portfolio.

The Role of Managers with Respect to Corporate-Level Strategy Is