The question “What business are we in?” concerns which of these strategies? (A) Functional-level. (B) Corporate-level. (C) Business-level. (D) None of the choices. (E) All of the choices.
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The question “What business are we in?” concerns which of these strategies? (A) Functional-level. (B) Corporate-level. (C) Business-level. (D) None of the choices. (E) All of the choices.
The correct answer is (B) Corporate-level.
Explanation: The question “What business are we in?” pertains to corporate-level strategy because it addresses the overall direction of the organization as a whole and identifies the different industries or markets in which the company operates. This involves decisions related to the scope and nature of the business, including which markets to enter or exit. If you have more questions or need further explanation, feel free to ask!