The purpose of ________ strategy is to determine what business or businesses a company will own and operate.
A) functional
B) business
C) corporate
D) mission

Question

Quizplus · Accepted Answer

Corporate strategy is the level of strategy that determines which businesses a company will operate in, how they will be integrated, and how resources will be allocated among them. Functional strategy is concerned with specific functional areas, such as marketing or finance. Business strategy is concerned with how a company competes within a specific industry or market segment. Mission is a statement that defines a company's purpose and objectives.

The Purpose of ________ Strategy Is to Determine What Business