Which of the following statements is NOT true regarding corporate strategies?
A. They are concerned with the broad and more long-term issues of the organization
B. They are concerned with how the organization is going to compete in a specific business or industry
C. They are concerned with the direction the organization is headed
D. They are concerned with the business(es) that the organization is in and the businesses they want to be in
Answer: Option B
Solution(By Examveda Team)They are concerned with how the organization is going to compete in a specific business or industry is not true regarding corporate strategies.
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy