The task of crafting a company's overall corporate strategy for a diversified company encompasses all of the following EXCEPT
A) picking the new industries to enter and deciding on the means of entry.
B) initiating actions to boost the combined performance of the corporation's collection of businesses.
C) pursuing opportunities to leverage cross-business value chain relationships and strategic fit into competitive advantage.
D) establishing investment priorities and steering corporate resources into the most attractive business units.
E) divesting well-performing businesses.

Question

Quizplus · Accepted Answer

Divesting well-performing businesses is not a typical element of corporate strategy; typically, divestment is reserved for underperforming or non-core businesses. The other options are all key components of a company's corporate strategy.

The Task of Crafting a Company's Overall Corporate Strategy for a Diversified