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.
The question “What business are we in?” pertains to corporate-level strategies because it addresses the overall scope and direction of the organization, focusing on the types of businesses the company operates and how they relate to each other. It determines resource allocation among different business units and can influence business-level and functional-level strategies, but primarily it is a corporate-level concern.