A Corporate Strategy Focuses Primarily on ________

question 43

Multiple Choice

A corporate strategy focuses primarily on ________.

• A)an organisation's key competitors
• B)an organisation's core competencies
• C)an organisation's mission
• D)an organisation's strengths

---

Definitions:

Classical Economics

A school of thought in economics that emphasizes the role of free markets in facilitating economic development and regulating economic systems.

Keynesian Economics

An economic theory stating that government intervention through fiscal and monetary policy can mitigate the adverse effects of economic recessions and depressions.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by mass unemployment, deflation, and a significant drop in demand and production.

Full Employment Output

The highest level of output an economy can achieve without causing inflation, when labor resources are fully employed.