Corporate strategy focuses on creating a competitive advantage across industries.

Name: Corporate strategy focuses on creating a competitive advantage across industries.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Corporate strategy is about creating an advantage over competitors in the industry as well as across industries. Organizations use corporate strategies to identify potential new markets, make decisions about diversified brands and allocate resources in order to achieve long-term objectives.

Corporate Strategy Focuses on Creating a Competitive Advantage Across Industries