Which of the following stages in the AFI strategy framework involves designing a business, corporate, and global strategy?
A) strategy control
B) strategy implementation
C) strategy analysis
D) strategy formulation

Question

Quizplus · Accepted Answer

Strategy formulation involves formulating a business strategy: How should the firm compete (cost leadership, differentiation, or integration)?; Corporate strategy: Where should the firm compete (industry, markets, and geography)?; and, Global strategy: How and where (local, regional, national, and international) should the firm compete around the world?

Which of the Following Stages in the AFI Strategy Framework