How Do Corporate Level Strategy and Business Level Strategy Differ

question 66

Multiple Choice

How do corporate level strategy and business level strategy differ?

• A)Corporate strategy defines the scope of a firm's activities, while business strategy focuses on how to beat the competition in a specific product market
• B)Corporate strategy defines the scope of a firm's structure, while business strategy emphasizes the relationship of each business with its environment (state, regulators, etc.)
• C)Corporate strategy focuses on the overall strategic plan, while business strategy focuses on implementing strategic decisions in each product market
• D)Corporate level strategy is concerned with long term goals, while business level strategy focuses on short term sustainability

---

Definitions:

Work-to-rule Campaigns

Tactics employed by workers where they strictly follow all workplace rules and regulations to reduce productivity as a form of protest.

Mediation

A form of alternative dispute resolution where a neutral third party assists the disputing parties in reaching a mutually acceptable agreement.

Arbitration

A method of dispute resolution where an impartial third party makes a binding decision to resolve a disagreement between parties, often used in labor disputes.

National Mediation Board

A federal agency that facilitates and mediates labor-management relations within the United States' railroad and airline industries.