In a diversified firm,corporate-level strategy is concerned with:
A) operating each individual business.
B) determining how each functional department of the firm will operate.
C) determining in which businesses to compete and how resources will be allocated between businesses.
D) maximizing product distribution over rivals.

Question

Quizplus · Accepted Answer

Corporate-level strategy in a diversified firm involves making decisions regarding which businesses to compete in and how resources will be allocated between those businesses. This includes decisions on mergers and acquisitions, divestitures, and resource allocation among business units. It is different from operating each individual business, determining functional department operations, or maximizing product distribution over rivals.

In a Diversified Firm,corporate-Level Strategy Is Concerned With