There has been a rapid increase in the percentage of population of a third-world nation switching to cellular technology in recent years. A major multinational telecommunication services company decides to take advantage of this change and plans to setup industry in the country with the intention of dominating the country's telecommunication market. This is an example of a _____.
A) divisional-level strategy
B) departmental-level strategy
C) functional-level strategy
D) corporate-level strategy
E) business-level strategy

Question

Quizplus · Accepted Answer

This scenario involves a multinational company planning to dominate a country's telecommunication market, which is a prime example of a corporate-level strategy. The company is making a significant investment in a new industry and is likely to change its approach and structure to support expansion into a new market. This decision is typically made by higher-level managers in the corporation's headquarters who are responsible for overall strategic direction. None of the other options would fit this scenario as well.

There Has Been a Rapid Increase in the Percentage of Population