The scope of a corporate-level strategy focuses on:
A) the manner in which activities of the firm will be coordinated.
B) the relationship between business units.
C) the markets and businesses the firm will compete in.
D) the internal environment affecting a firm's business.

Question

Quizplus · Accepted Answer

Corporate-level strategy is concerned with the overall scope and direction of an organization. This includes decisions about which markets and businesses the firm will compete in, and how it will allocate resources among those businesses. The other options (A, B, and D) are focused on more specific aspects of the firm's operations and do not encompass the broader scope of corporate strategy.

The Scope of a Corporate-Level Strategy Focuses On