Which term refers to the overall organizational strategy that addresses the question "What business or businesses are we in or should we be in"?

Question

Quizplus · Accepted Answer

Corporate-level strategy deals with the overall direction and scope of an entire organization, including determining what business or businesses the organization should be in. Firm-level strategy refers to how a specific business unit competes in a particular market, while industry-level strategy pertains to the competition within a specific industry. Portfolio strategy involves managing a collection of business units, rather than determining the overall direction of the organization.

Which Term Refers to the Overall Organizational Strategy That Addresses