Which of the Following Summarizes the Difference Between Corporate Strategy

question 57

Multiple Choice

Which of the following summarizes the difference between corporate strategy and business strategy?

• A) Corporate strategy deals with how to compete; business strategy deals with where to compete.
• B) Corporate strategy deals with when to compete; business strategy deals with how to compete.
• C) Corporate strategy deals with how to compete; business strategy deals with when to compete.
• D) Corporate strategy deals with where to compete; business strategy deals with how to compete.

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Definitions:

Machine-Hours

A unit of measure reflecting the amount of time a machine is operated, used in cost accounting and operational management to allocate machine costs to products.

Direct Labor-Hours

The total hours of work directly contributing to the production of goods or services.

Casting Department

A specific section within a manufacturing or production facility dedicated to the process of casting, where materials are melted and poured into a mold to make a product.

Finishing Department

The final stage in the manufacturing process where products are completed, packaged, or prepared for sale.