In a Diversified Company, the Strategy-Making Hierarchy Consists of

question 45

Multiple Choice

In a diversified company, the strategy-making hierarchy consists of

• A)corporate strategy and a group of business strategies (one for each line of business the corporation has diversified into).
• B)corporate or managerial strategy, a set of business strategies, and divisional strategies within each business.
• C)business strategies, functional strategies, and operating strategies.
• D)corporate strategy, business strategies, functional strategies, and operating strategies.
• E)its diversification strategy, its line of business strategies, and its operating strategies.

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Definitions:

Government Deficit

The financial situation that occurs when a government's expenditures exceed its revenues within a specific time period, often leading to borrowing.

Jobless Recovery

A situation where the economy begins to recover from a recession, but the unemployment rate remains high or continues to increase.

Recognition Lag

Recognition Lag is the time delay between when an economic problem becomes apparent and when it is recognized by policymakers.

Stimulus Package

A collection of fiscal and monetary policies implemented by a government to stimulate a struggling economy.