Which Type of Strategy,manifested in Three Ways,is a Broad Corporate-Level

question 27

Multiple Choice

Which type of strategy,manifested in three ways,is a broad corporate-level strategic plan used to achieve strategic goals and guide the strategic alternatives that managers of individual businesses or subunits may use?

• A)grand strategy  
• B)growth strategy  
• C)stability strategy  
• D)retrenchment/recovery strategy

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Definitions:

Office Space

Premises leased or owned by businesses or professionals for the purpose of conducting office activities or operations.

Production Technique

The method or procedure involved in converting raw materials into finished goods or products.

Price of Labor

Price of Labor refers to the wages or salary paid to workers for their labor or services.

Price of Capital

The expense involved in using capital goods, often involving interest rates or rental costs for financial or physical capital.