A Plan That Indicates in Which Industries and National Markets

question 70

Multiple Choice

A plan that indicates in which industries and national markets an organization intends to compete is known as:

• A)corporate-level plan
• B)corporate-level strategy
• C)business-level plan
• D)business-level strategy
• E)functional-level plan

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Definitions:

Full-time Retailer

Describes a business or individual that sells goods to the public in relatively small quantities for personal use, operating as their primary occupation.

Vicarious Achievement

Experiencing a sense of accomplishment through the successes of others, typically close individuals or groups with whom one identifies.

Pharmaceutical Company

An enterprise that focuses on researching, developing, manufacturing, and distributing drugs for medical use.

Used

Being utilized for a purpose or having been employed in the past.