Corporate-level strategies are most appropriate for diversified businesses that compete in many different and unrelated businesses and industries.

Question

Quizplus · Accepted Answer

Corporate-level strategies are designed to manage and coordinate a diversified firm's various business units in order to create value and improve overall performance. These strategies are most appropriate for diversified businesses that operate in multiple unrelated industries and need to integrate their various units in order to achieve synergy and economies of scale. Therefore, it is true that corporate-level strategies are most appropriate for diversified businesses that compete in many different and unrelated businesses and industries.

Corporate-Level Strategies Are Most Appropriate for Diversified Businesses That Compete