Question

Corporate level strategy focuses on:


a. What businesses to compete in and how business can be managed to achieve synergy.

b. How the firm can create more value by operating alone.

c. How business can be managed to reduce synergy.

d. How the firm can work as a stand-alone entity.

Answer 1

Answer:

The correct answer is A. What businesses to compete in and how business can be managed to achieve synergy.

Explanation:

Corporate strategy refers to the group of actions carried out by an organization in order to locate and recognize itself within the market in which it operates. This type of action also allows them to direct all their efforts towards a common purpose, which is normally related to their position in the market, their level of integration, and other types of tasks such as acquisitions or investments.