Corporate strategy is concerned with:
A)The scope of a firm's products
B)The scope of a firm's activities
C)The scope of a firm's structure and corporate governance system
D)The "how" to compete

Question

Quizplus · Accepted Answer

Corporate strategy is concerned with the scope of a firm's activities, which includes the various businesses and industries in which the firm chooses to operate, as well as how it allocates resources and manages its portfolio of businesses. While determining the scope of a firm's products and developing a competitive strategy are important elements of corporate strategy, they are not the primary focus. The scope of a firm's structure and governance system is typically addressed through organizational design and governance structures, but this is not the main focus of corporate strategy.

Corporate Strategy Is Concerned With