The level of strategy concerned with the question ‘What business are we in?’ is known as:Question 8Answera.business-level strategyb.a competitive planc.global strategyd.functional-level strategye.corporate-level strategy
Question
The level of strategy concerned with the question ‘What business are we in?’ is known as:Question 8Answera.business-level strategyb.a competitive planc.global strategyd.functional-level strategye.corporate-level strategy
Solution
The level of strategy concerned with the question 'What business are we in?' is known as:
e. Corporate-level strategy
This level of strategy is concerned with the overall scope of an organization and how to add value to different parts of the company. It's about making decisions that answer the fundamental question of what kind of business the company is in and what kinds of businesses it should be in.
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