A _____ is concerned with (1) the definition of businesses in which the corporation wishes to participate and (2) the acquisition and allocation of resources to these business units.
A)business unit strategy
B)supply management strategy
C)human resource management strategy
D)corporate strategy
E)functional strategy

Question

Quizplus · Accepted Answer

Corporate strategy is concerned with determining which businesses a corporation should be in and how resources should be allocated among those business units. Business unit strategy is focused on how a specific business unit can compete successfully within its specific industry, while supply management and human resource management strategies are subsets of functional strategy, which involves crafting plans for specific functional areas within a business.

A _____ Is Concerned with (1) the Definition of Businesses