Final answer:
Corporate-level strategy focuses on gaining short-term revenue through managing operations in multiple businesses. However, it is important to note that this strategy does not necessarily prioritize short-term revenue over long-term success.
Step-by-step explanation:
Corporate-level strategy focuses on gaining short-term revenue through managing operations in multiple businesses. However, it is important to note that this strategy does not necessarily prioritize short-term revenue over long-term success. Instead, it aims to create value and generate sustainable growth by leveraging synergies across different businesses.
For example, a company like Procter & Gamble operates in multiple industries, such as beauty, healthcare, and home care. By managing operations in these diverse businesses, Procter & Gamble can benefit from economies of scale, shared resources, and cross-selling opportunities.
In contrast, if a company tries to make a wide range of products without focusing on its core competency, it may struggle to compete effectively and achieve long-term success. Specializing in a few products allows a business to develop expertise, streamline operations, and build a strong brand presence in the market.