________ strategy is a plan to use and develop core competences so that the organization can not only can protect and enlarge its domain but can also expand into new domains.
A) Global level
B) Functional-level
C) Business-level
D) Corporate-level

Question

Quizplus · Accepted Answer

Corporate-level strategy is concerned with the overall purpose and scope of the entire organization, including how to manage and coordinate business units and product lines. Developing core competencies is a key aspect of this strategy, as it enables organizations to expand into new domains and protect and enlarge their existing ones. The other options (A, B, and C) are focused on more specific levels of strategy within an organization.

________ Strategy Is a Plan to Use and Develop Core