The Primary Distinction Between Corporate Strategy and Business Strategy Is

question 36

Multiple Choice

The primary distinction between corporate strategy and business strategy is:

• A)Corporate strategy is the responsibility of the CEO,business strategy is formulated by the heads of business units
• B)Corporate strategy is concerned with where the firm competes;business strategy with how it competes in particular markets
• C)Corporate strategy is concerned with establishing competitive advantage;business strategy with strategy implementation in individual businesses
• D)Corporate strategy is concerned with the long-term performance of the firm;business strategy with resource deployment.

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Definitions:

Expense Ratio

A measure reflecting the annual cost of investing in a mutual fund or ETF, expressed as a percentage of assets under management.

12b-1 Fee

A fee charged by some mutual funds to cover promotion, distribution, and marketing expenses.

Bank CD

A Certificate of Deposit, a savings certificate with a fixed maturity date and specified fixed interest rate, offered by banks.

Expense Ratio

The annual fee expressed as a percentage of assets under management that investors pay for mutual fund or ETF operations and administration.