Which of the Following Is a True Statement

question 22

Multiple Choice

Which of the following is a true statement?

• A)Corporate-level strategy is about managing several businesses simultaneously.
• B)Business-level strategy is made by managers at a lower level of the organization hierarchy than is corporate-level strategy.
• C)Business-level strategy focuses on selling a particular set of products in a particular market.
• D)All of these.
• E)None of these.

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Definitions:

Total Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue by comparing sales with total assets.

Current Ratio

An indicator used to evaluate whether a business can meet its short-term financial liabilities, calculated through the division of its current assets by its current liabilities.

Return on Equity

A financial ratio measuring the profitability of a business in relation to the equity held by the shareholders.

Asset Turnover

A ratio determining the efficacy of a company's asset utilization in creating sales revenue.