A corporate strategy is defined as the major actions by which a business competes in a particular industry or market.

Answer the following statement true (T) or false (F)


False

After top management team and board make corporate strategic decisions, executives must determine how they will compete in each business area. Business strategy defines the major actions by which an organization builds and strengthens its competitive position in a marketplace.

Business

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_____ are point-to-point dedicated digital circuits provided by telephone companies.

A. T1 and T3 lines B. Nodes C. Optical carriers D. Microwaves

Business

Hometown Resources, Inc. has a 9% rate of return on total assets and the industry average is 12%. How was the 9% rate of return on total assets computed? Comment on this information.

What will be an ideal response?

Business

Jeanette is offended when she notices that only masculine pronouns are used in the company's human resources manual. This decoding problem is a result of ________

A) a closed communication climate B) bypassing C) an external disruption D) a semantic obstacle

Business

A federal government agency is planning to build a dam in Maine. The land where the dam will

be located, and the area that will be under the lake to be formed, is currently all privately owned. Which of the following correctly describes the requirement for an environmental impact statement? A) An environmental impact statement is required unless the EPA grants a waiver. B) An environmental impact statement is required only if the land will become federal land before the dam is built. C) An environmental impact statement is required only if any of the land affected is classified as wetland. D) An environmental impact statement is not required because the land is private. E) An environmental impact statement is required because it is the federal government who is undertaking his project.

Business