Strategy formulation responsibilities at the business level include all of the following except:
A) Establishment and communication of goals
B) Identification of strengths and weaknesses
C) Identification of opportunities and threats
D) Management of the corporate portfolio

Question

Quizplus · Accepted Answer

Management of the corporate portfolio falls under the responsibilities of strategic planning at the corporate level, not the business level. At the business level, the focus is on formulating and executing strategies that are specific to each business unit or product line. The other three options are all key responsibilities of strategy formulation at the business level.

Strategy Formulation Responsibilities at the Business Level Include All of the Following