Examlex
Which of the following is correct?
Corporate Strategy
The overarching strategy of an organization, outlining its overall direction and objectives, and determining how to allocate its resources across the entire corporation.
Business Strategy
A plan of action designed to achieve a long-term or overall aim within a business.
Strategy Formulation
Strategy formulation is the process of creating strategies to achieve organizational goals, involving the analysis of the competitive environment and the organization's internal capabilities.
Benefits
Benefits are the indirect and non-cash compensation paid to employees in addition to their normal wages or salaries, such as health insurance, retirement plans, or allowances.
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