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

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Definitions:

Sense Of Identity

The awareness and understanding of oneself as a separate and distinct individual, including one's traits, beliefs, and personality.

Intellectual Functioning

A measure of a person's cognitive abilities, including reasoning, problem-solving, planning, abstract thinking, comprehension, learning, and judgment.

Sense Of Identity

An individual's conception and expression of their own individuality or group affiliations, such as cultural or national identity.

Dissociative Amnesia

A disorder characterized by temporary gaps in memory regarding personal information, often due to extreme stress or trauma.