Question

Firms that have selected a related diversification corporate-level strategy seek to exploit: a. market power. b. control shared among business-unit managers. c. economies of scope between business units. d. the favorable demand of buyers.

Answer 1

Answer:

C, economies of scope between business units

Explanation:

A corporate-level strategy is a strategy that a firm adopts to measure the returns of the companies businesses having used a corporate level strategy as against what the result would e without the strategy.

In corporate-level strategy, a firm knows how each of its businesses are doing and if it should continue or not and therefore helps the firm the priority to be given to each of its businesses.

Cheers.