_________ strategy determines what businesses an organization should be in

_________ strategy determines what businesses an organization should be in Correct Answer Corporate

Corporate strategy determines what businesses an organization should be in. Corporate strategy is hierarchically the highest strategic plan of the organization, which defines the corporate overall goals and directions and the way in which will be achieved within strategic management activities. It is a long-term, clearly defined vision of the direction of a company or organization.

Related Questions

Answer the question on the basis of the given information. Businesses are suffering because of lack of money available for development loans.To help businesses,the government plans to modify the income- tax structure in order to induce individual tax payers to put a larger portion of their incomes into retirement savings accounts, because as more money is deposited in such accounts, more money becomes available to borrowers. Which of the following, if true, raises the most serious doubt regarding the effectiveness of the government's plan to increase the amount of money available for development loans for businesses?
What is the key variable in executing visionary strategy creation at the competitive strategy level?
What is likely to be the effect of a logical corporate strategy but poor strategy implementation.
Which of the following elements of strategy affect the process of strategy creation and implementation?