Question

Corporate-level strategies are strategies a firm uses to diversify its operations from a single business competing in a single market into several product markets and, most commonly, into several businesses. T/F

Answer 1

Answer:

The correct answer is False.

Explanation:

The business strategy is the plan devised by management at the start of each new project to direct staff, carry out tasks, fulfill commitments and achieve set objectives. Simply put, business strategy sets the tone and defines the future of any organization. The success of companies depends on its design, execution and evaluation.