A Corporate Strategy That Cuts Across Divisional Boundaries to Build

question 89

Multiple Choice

A corporate strategy that cuts across divisional boundaries to build synergy across business units and to improve the competitive position of one or more business units is called

• A) vertical strategy.
• B) horizontal strategy.
• C) hierarchical strategy.
• D) portfolio strategy.
• E) pyramid strategy.

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Definitions:

Scenario Planning

Scenario planning is a strategic planning method that organizations use to envision and prepare for various future possibilities.

Satisficing

A decision-making strategy that aims for a satisfactory rather than optimal solution by prioritizing the first option that meets a given threshold of acceptability.

Future Alternatives

Potential future courses of action or strategies that are explored as options for decision-making or problem-solving.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.