Which type of strategies are of particular importance to global companies?

A. Corporate

B. Functional

C. Competitive

D. Corporate and competitive

Answer: Option D

Solution(By Examveda Team)

Corporate and competitive type of strategies are of particular importance to global companies. Competitive or business strategy defines for a given business the basis on which it will compete. Corporate strategy is typically decided in the context of defining the company's mission and vision, that is, saying what the company does, why it exists, and what it is intended to become.