In Terms of Strategy Making,what Is the Difference Between a One-Business

question 72

Multiple Choice

In terms of strategy making,what is the difference between a one-business company and a diversified company?

• A) The first uses a business-level strategy,while the second uses a set of business strategies and a corporate strategy.
• B) The first uses a business-level strategy,while the second uses a corporate-wide strategy.
• C) The first uses an operating strategy,while the second uses a business-line strategy.
• D) The first uses a functional strategy,while the second uses a business-line strategy.
• E) All of these.

---

Definitions:

Physical Inventory

The process of counting and verifying the actual inventory on hand at a specific point in time.

LIFO Method

Last-In, First-Out, a method of inventory valuation where the most recently produced or acquired items are the first to be expensed.

Periodic Inventory System

An inventory system that updates inventory records at specific intervals, requiring physical counts to determine inventory levels.

Cost Of Goods Sold

Direct expenditures linked to the production of goods sold by a business.