Corporate strategy determines what business or businesses to own or operate.

Name: Corporate strategy determines what business or businesses to own or operate.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Corporate strategy involves decisions about what business or businesses a company should be in, how they should allocate their resources, and how to create synergies across their various business units. This helps the company to focus on its core competencies and maximize its overall performance.

Corporate Strategy Determines What Business or Businesses to Own or Operate