Question

5. For a diversified firm, a corporate-level strategy is concerned with: a) operating each individual business under the corporate umbrella. b) determining how each functional department of the firm will operate. c) determining the businesses in which the company intends to compete as well as how to manage its different businesses. d) coordinating the vision and mission of each subsidiary firm.

Answer 1

Answer:

c) determining the businesses in which the company intends to compete as well as how to manage its different businesses.

Explanation:

• For a diversified form, the corporates level strategy is when a business has to make a decision that impacts the whole company finance and management and human resource was the product is sold.

• This strategy is of the three types as the cost-cutting and the selling assets and also the raising the price of the product and are classified into the four major types stability strategy, the Expansion Strategy, the Retrenchment Strategy, and the Combination Strategy.