Which of the following is not true regarding Business Strategy and Corporate Strategy ? (A) Business Strategy is a strategy designed by business managers to improvise the overall performance of the organization, whereas
CS Executive · Financial and Strategic Management · PYQS · December 2022
Which of the following is not true regarding Business Strategy and Corporate Strategy ? (A) Business Strategy is a strategy designed by business managers to improvise the overall performance of the organization, whereas Corporate Strategy is the strategy that describes the business type and ultimate goal of the organization (B) Business Strategy is framed by middle level management, whereas Corporate Strategy is formulated by top level management (C) The nature of business strategy is deterministic and legislative, whereas Corporate Strategy is executive and governing in nature (D) All the above are true
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Strategic Management
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