_____ is a corporate-level strategy that emphasizes on reinvesting a company's profits in strengthening its competitive position in its current industry.
A) Concentration on a single industry
B) Forward vertical integration
C) Diversification
D) Backward vertical integration
E) International expansion

Question

Quizplus · Accepted Answer

The strategy described in the question is concentration on a single industry, which involves using profits to strengthen the company's competitive position in its current industry. This is one of the three corporate-level strategies, along with diversification and vertical integration.

_____ Is a Corporate-Level Strategy That Emphasizes on Reinvesting a Company's