Corporate strategy can be recognized by the organization's
A) head office location and corporate management processes
B) financial performance and number of shareholders
C) product market focus and mission statement
D) business portfolio and corporate resources

Question

Quizplus · Accepted Answer

Corporate strategy is mainly identified by the organization's business portfolio and corporate resources which includes the range of businesses, products, services, and geographies in which an organization operates, along with its assets, capabilities, and competencies that enable it to create value for its customers and stakeholders. It is the overall plan for the organization that outlines how the company will achieve its objectives and maintain competitiveness in its market. Options A, B, and C are important elements of a corporation, but alone do not reflect the organization's corporate strategy.

Corporate Strategy Can Be Recognized by the Organization's