Question

Which of the following statements is true of a corporate strategy? Select one. A corporate strategy ___________.

A. Focuses solely on marketing
B. Is unrelated to organizational goals
C. Guides the overall direction of the company
D. Applies only to small businesses

Answer 1

A corporate strategy is a plan or framework that guides the overall direction and decision-making of a company.

Step-by-step explanation:

A corporate strategy is a plan or framework that guides the overall direction and decision-making of a company. It is not solely focused on marketing, unrelated to organizational goals, or only applicable to small businesses. Instead, it encompasses all aspects of the organization and helps the company achieve its long-term objectives.