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What is Corporate Strategy?
A
A firm’s administrative actions with the aim to achieve its objectives.
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B
A plan of cooperation among nations.
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C
An attempt to uphold the government.
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D
Corporate mergers between two big companies.
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Solution
The correct option is A A firm’s administrative actions with the aim to achieve its objectives. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->
Corporate strategy encompasses a firm’s administrative actions with the aim to achieve its objectives. Corporates have become extremely powerful in the society that they sometimes influence the decisions of the government.