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Examveda

_________ strategy determines what businesses an organization should be in

A. Business

B. Organizational

C. Operational

D. Corporate

Answer: Option D

Solution(By Examveda Team)

Corporate strategy determines what businesses an organization should be in. Corporate strategy is hierarchically the highest strategic plan of the organization, which defines the corporate overall goals and directions and the way in which will be achieved within strategic management activities. It is a long-term, clearly defined vision of the direction of a company or organization.

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