The 'corporate strategy' does not include?
Correct answer: D. cost leadership
- A. diversification
- B. consolidation
- C. vertical integration
- D. cost leadership
Explanation
Diversification, consolidation and vertical integration are corporate-level strategies that determine the scope of the business. Cost leadership is a competitive or business-level strategy, not normally a corporate strategy.
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About Principles of Management
Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.
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