Question

What does an organization use to manage its operations across several industries and several markets simultaneously? a. Tactical plans b. Distinctive competence c. SWOT analysis d. Business-level strategy e. Corporate-level strategy

Answer 1

The strategy an organization employs to manage its operations across several industries and several markets simultaneously is called Corporate-level strategy.

What is the Corporate-level strategy?

A corporate-level strategy is a decision made to achieve a competitive and strategic advantage by selecting and managing a diverse set of firms that compete in a variety of sectors or product marketplaces.

• A business organization is a business environment where business activities take place.

The three levels of strategy utilized in a business organization are:

• Business level strategy
• Functional  level strategy
• Corporate level strategy

Therefore, we can conclude that the Corporate-level strategy is the strategy that an organization employs to manage its operations across several industries.

Learn more about the Corporate-level strategy here:

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