Corporate strategy for a diversified or multibusiness enterprise
A. concerns how best to allocate resources across the departments of each line of business the company is in.
B. involves how functional strategies should be aligned with business strategies in each of the various lines of business the company is in.
C. is orchestrated by mid-level managers and focuses on how to create a competitive advantage in each specific line of business the total enterprise is in.
D. is orchestrated by senior corporate executives and centers around the kinds of initiatives the company uses to establish business positions in different industries.
E. deals chiefly with what the strategic intent of each of its business units should be.
Answer: D
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