Which type of firm would most likely use corporate-level strategies?
A) firms that compete in only a single business or market segment
B) firms that possess superior capabilities
C) firms that compete in many diversified or unrelated businesses and industries
D) firms that choose to compete in an attractive industry

Question

Quizplus · Accepted Answer

Corporate-level strategies are typically used by firms that compete in diversified or unrelated businesses and industries. These firms need to make decisions about the allocation of resources among their various businesses and how to create value across their entire portfolio of businesses. Firms that compete in a single business or market segment (A) typically focus on business-level strategies, while the possession of superior capabilities (B) may influence a firm's competitive advantage but does not necessarily dictate the use of corporate-level strategies. Similarly, choosing to compete in an attractive industry (D) also relates primarily to business-level strategies rather than corporate-level strategies.

Which Type of Firm Would Most Likely Use Corporate-Level Strategies