The purpose of ________ strategy is to determine the businesses the firm will be in and how these businesses will relate to each other.
A) corporate
B) business
C) mission
D) functional
E) fundamental

Question

Quizplus · Accepted Answer

Corporate strategy is focused on determining the overall direction and scope of the organization. It involves decisions about which businesses to enter or exit and how to allocate resources among different business units. This strategy is concerned with how the different parts of the organization will fit together to create a coherent whole.

The Purpose of ________ Strategy Is to Determine the Businesses