What distinguishes an organization's corporate strategy?
A)a focus on company-wide and overall objectives
B)a focus on short-term survival and growth
C)a focus on the line of business
D)a focus on competition

Question

Quizplus · Accepted Answer

An organization's corporate strategy focuses on company-wide and overall objectives, such as mission, vision, values, and long-term goals. It involves decisions related to resource allocation, diversification, and mergers/acquisitions that shape the company's future direction. B focuses on short-term survival and growth, C on the line of business, and D on competition, but these are not the primary concerns of corporate strategy.

What Distinguishes an Organization's Corporate Strategy