Corporate-Level Strategy Is Concerned with ____ and How to Manage

question 129

Multiple Choice

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:

Process Consultation

Describes the method where an external consultant helps an organization improve its internal processes, focusing on enhancing effectiveness and collaboration.

OD Advisor

A professional who provides guidance and advice in organizational development, focusing on improving performance through strategic change.

Decision-making

The cognitive process of selecting a course of action from among multiple alternatives, often involving considerations of risk and benefit.

Realistic Job Preview

A strategy used by organizations to give potential employees a true picture of what working in a specific role entails, including both its positive and negative aspects.