The term_______________refers to the overall organizational strategy that addresses the question "What business or businesses are we in or should we be in?"
A) firm-level strategy
B) corporate-level strategy
C) industry-level strategy
D) portfolio strategy
E) vision

Question

Quizplus · Accepted Answer

Corporate-level strategy is the overall organizational strategy that focuses on the scope of the organization and the way it generates value through the configuration of its resources and businesses. This strategy aims to answer the fundamental question of what businesses the organization should be in or wants to be in. A firm-level strategy refers to the strategy that guides a specific business unit or product line, and an industry-level strategy focuses on how the organization positions itself within an industry. Portfolio strategy refers to the management of a collection of businesses or products, and vision refers to a future-oriented aspirational statement that defines an organization's purpose and direction.

The Term_______________refers to the Overall Organizational Strategy That Addresses the Question