Which of the following is typically a corporate-level strategy formulation responsibility?
A)Establishment of short-term operating goals
B)Choice of generic strategy for each business unit
C)Selection of businesses in which to compete
D)Direct supervision of research and development programs
E)None of the above

Question

Quizplus · Accepted Answer

Corporate-level strategy formulation involves making decisions about which businesses the company should compete in and how to allocate resources among them. This is typically a top-level responsibility, whereas establishing short-term operating goals and direct supervision of research and development programs are more operational-level responsibilities. Choice of generic strategy for each business unit may be a combination of corporate-level and business-level strategy formulation.

Which of the Following Is Typically a Corporate-Level Strategy Formulation