Question

What is Corporate Strategy?

• A. A firm’s administrative actions with the aim to achieve its objectives.
• B. A plan of cooperation among nations.
• C. An attempt to uphold the government.
• D. Corporate mergers between two big companies.

Answer 1

The correct option is A A firm’s administrative actions with the aim to achieve its objectives.

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.