In Single-Product Enterprises,business Strategy Is the Corporate Strategy,but in Large

question 217

True/False

In single-product enterprises,business strategy is the corporate strategy,but in large conglomerates,a variety of business strategies will be followed.

---

Definitions:

Gross National Product

The total value of all goods and services produced by a country's residents over a specific time period, including income from overseas investments.

Services Provided

The actions or activities carried out by a company or an individual to satisfy a customer's needs or wants.

Human Development Index

An index measuring three basic dimensions of human development: life expectancy, education, and per capita income indicators, used to rank countries into tiers of human development.

Purchasing Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach, to assess the relative value of the currencies and the cost of living.