Among the different strategies,corporate strategy______.
A)is broadest in scope
B)has the shortest time horizon
C)guides the operations in a given function
D)all of these

Question

Quizplus · Accepted Answer

Corporate strategy is the broadest in scope as it involves decisions related to the overall direction, scope, and resource allocation of the entire organization. It takes into account the goals and objectives of the organization in the long term and determines how to achieve them through the allocation of resources and coordination of different functions. Corporate strategy has a longer time horizon as compared to other strategies, and it guides operations in all functions and departments. Option B is incorrect as corporate strategy has a longer time horizon, and option C is incorrect as it guides operations in all functions, not just a given function. Therefore, option A is the best choice.

Among the Different Strategies,corporate Strategy______