The term corporate strategy concerns strategy and strategic decisions

A. In certain types of organization

B. At all levels in an organization

C. Developed by the senior management in an organization

D. In the private sector only

Answer: Option B

Solution(By Examveda Team)

The term corporate strategy concerns strategy and strategic decisions at all levels in an organization. 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.