On the Most Basic Level, Corporate-Level Strategy Is Concerned with ____

question 133

Multiple Choice

On the most basic level, corporate-level strategy is concerned with ____ and how to manage these businesses.

• A) whether the firm should invest in global or domestic businesses
• B) what product markets and businesses the firm should be in
• C) whether the portfolio of businesses should generate immediate above-average returns or should be troubled businesses which will create above-average returns only after restructuring
• D) whether to integrate backward or forward.

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Definitions:

Serfdom Patent

A document or decree abolishing or altering the conditions of serfdom, a form of labor widely used in feudal systems where serfs were tied to and worked land owned by lords.

Joseph II

An Austrian Emperor known for his radical reforms, including measures to modernize and centralize the Habsburg Empire during his reign from 1765 to 1790.

Austrian Empire

A Central European multinational great power from 1804 to 1867, formed by the proclamation of the Habsburg emperor Francis II.

Enlightenment

An intellectual and philosophical movement in the 17th and 18th centuries emphasizing reason, individualism, and skepticism towards traditional doctrines.