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How Do Corporate Level Strategy and Business Level Strategy Differ

Question 66

Multiple Choice

How do corporate level strategy and business level strategy differ?


A) Corporate strategy defines the scope of a firm's activities, while business strategy focuses on how to beat the competition in a specific product market
B) Corporate strategy defines the scope of a firm's structure, while business strategy emphasizes the relationship of each business with its environment (state, regulators, etc.)
C) Corporate strategy focuses on the overall strategic plan, while business strategy focuses on implementing strategic decisions in each product market
D) Corporate level strategy is concerned with long term goals, while business level strategy focuses on short term sustainability

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