A corporate strategy identifies the set of businesses,markets,or industries in which the organization competes and the distribution of resources among those businesses.

Question

Quizplus · Accepted Answer

This statement is true. A corporate strategy defines the scope and direction of an organization, including the allocation of resources, in order to achieve its goals and objectives. This strategy outlines the businesses, markets, or industries in which the organization plans to compete and how it will do so effectively.

A Corporate Strategy Identifies the Set of Businesses,markets,or Industries in Which