Which of the Following Statements Is Not True Regarding Corporate

question 12

Multiple Choice

Which of the following statements is not true regarding corporate strategies?

• A) They are concerned with the broad and more long-term issues of the organization.
• B) They are concerned with how the organization is going to compete in a specific business or industry.
• C) They are concerned with the direction the organization is headed.
• D) They are concerned with the business(es) that the organization is in and the businesses they want to be in.
• E) All of the answer choices are correct.

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Definitions:

Switching Costs

The costs that a consumer incurs as a result of changing brands, suppliers, or products, which can include financial costs, time, and effort.

Preemptive Practices

Strategies or actions taken by a business to prevent competitors from entering their market or to gain an advantage over them.

Small Businesses

Companies with limited revenue and staff, playing a vital role in the economy by providing localized services and innovations.

Private-Sector Employees

Refers to individuals who are employed by businesses or organizations that are not owned or operated by the government.