In a diversified company, the strategy-making hierarchy consists of
A)corporate strategy and a group of business strategies (one for each line of business the corporation has diversified into).
B)corporate or managerial strategy, a set of business strategies, and divisional strategies within each business.
C)business strategies, functional strategies, and operating strategies.
D)corporate strategy, business strategies, functional strategies, and operating strategies.
E)its diversification strategy, its line of business strategies, and its operating strategies.

Question

Quizplus · Accepted Answer

The strategy-making hierarchy in a diversified company typically includes corporate strategy (overall company direction), business strategies (for each line of business), functional strategies (within each business unit), and operating strategies (day-to-day operations).

In a Diversified Company, the Strategy-Making Hierarchy Consists of