The corporate-level strategy that involves a company reinvesting its profits to strengthen its competitive position in the industry in which it is currently operating is
A)vertical integration.
B)international expansion.
C)market development.
D)concentration on a single industry.

Question

Quizplus · Accepted Answer

Concentration on a single industry involves reinvesting profits to enhance the company's competitive position within its current industry, rather than diversifying or expanding into new markets.

The Corporate-Level Strategy That Involves a Company Reinvesting Its Profits