Which of the Following Is Typically a Corporate-Level Strategy Formulation

question 61

Multiple Choice

Which of the following is typically a corporate-level strategy formulation responsibility?

• A) Establishment of short-term operating goals
• B) Choice of generic strategy for each business unit
• C) Selection of businesses in which to compete
• D) Direct supervision of research and development programs

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Definitions:

Social Policy

Policies designed to address social issues and improve human welfare, including education, health, housing, and employment.

Collective Strategy

A cooperative approach by a group to achieve a shared goal.

Legislative Leaders

Elected officials who hold significant positions of authority within legislative bodies and play key roles in shaping and passing laws.

Policy Advocacy

The active, intentional efforts to influence policy decisions and political processes to achieve specific outcomes.