The portfolio of business that comprises the business is identified in?
Correct answer: B. corporate level strategy
- A. competitive strategy
- B. corporate level strategy
- C. functional strategy
- D. all of above
Explanation
Corporate-level strategy determines which businesses or industries the company should operate in, so it identifies the overall portfolio of businesses. Competitive strategy focuses instead on how one business unit competes in its market.
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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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