The Primary Distinction Between Corporate Strategy and Business Strategy Is

question 36

Multiple Choice

The primary distinction between corporate strategy and business strategy is:

• A)Corporate strategy is the responsibility of the CEO,business strategy is formulated by the heads of business units
• B)Corporate strategy is concerned with where the firm competes;business strategy with how it competes in particular markets
• C)Corporate strategy is concerned with establishing competitive advantage;business strategy with strategy implementation in individual businesses
• D)Corporate strategy is concerned with the long-term performance of the firm;business strategy with resource deployment.

Understand the implications of broad versus narrow definitions of leadership.

Appreciate the role of assumptions in dyadic leadership theories.

Recognize indicators of follower dissatisfaction.

Understand the subjective nature of leadership effectiveness ratings.

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Definitions:

Blood Clotting Cascade

A series of biochemical events that lead to the formation of a blood clot, involving the activation of clotting factors and platelets.

Injured Tissues

Body tissues that have been damaged due to injury, leading to inflammation, pain, and sometimes loss of function.

Platelets

are small blood cells that play a crucial role in clotting, preventing excessive bleeding when blood vessels are injured.

Hematocrit

refers to the proportion of blood volume that is occupied by red blood cells, a measure important in diagnosing and treating various conditions.