Honda takes its strength in engine production and uses it to produce cars, motor bikes, and lawnmowers, creating value in different markets. This is an example of ________ strategy.
A) marketing
B) corporate-level
C) business-level
D) development

Question

Quizplus · Accepted Answer

Honda is using its strength in engine production to enter multiple markets and diversify its offerings, which is a corporate-level strategy. This allows Honda to create value in different markets and reduce risk by not relying on one particular market.

Honda Takes Its Strength in Engine Production and Uses It