Question

The president, chief financial officer, and chief operating officer of Jensen Mfg. meet annually to discuss the direction of the company including what products they will continue to offer and what new products they will introduce. Which level of strategic management does this represent?

A. functional-level

B. task-level

C. corporate-level

D. business-level

Answer 1

Answer: C. Corporate-level

Explanation: Corporate-level strategy are strategies Implemented by most Corporations in order to set a strategic agenda for the organization. Most Corporate level strategy are meant to be implemented in all units and areas of a business organization. Corporate-level strategy are dynamic in nature,they can be changed based on prevailing market conditions which may pose some threat to the full Implementation of the strategy, Corporate-level strategy are also meant to last a long time.