When a Corporation Is Involved in Just One Line of Business

question 30

Multiple Choice

When a corporation is involved in just one line of business, ________.

• A) it does not need to formulate any strategies
• B) its corporate-level and business-level strategies are one and the same
• C) its corporate-level, business-level, and department-level strategies are one and the same
• D) it must focus on being a low-cost leader and not go after a differentiation strategy

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Definitions:

BBB

A bond credit rating given to a medium credit quality debt instrument, indicating moderate risk.

Primary Market Transaction

Deals with the issuance of new securities directly from the issuer to investors.

Secondary Market Transaction

The buying and selling of previously issued securities, such as stocks and bonds, between investors, rather than directly from issuing companies.

Bond Issue

The process of issuing new bonds by a corporation or government to raise capital, involving the creation of new debt securities to be sold to investors.