Ask Question
BusinessBusiness
13 August, 18:32

The board of directors of Best Digital Inc., a company that has a large product mix, has decided to get actively involved in research and development for the next three financial years. Budget for each business unit under the company will be allocated from the headquarters in proportion to its previous performance. The board has also decided to liquidate those units that have failed to perform so far. Which of the following strategies does this scenario best illustrate?

A) Corporate strategy

B) Functional strategy

C) Business strategy

D) Divisional strategy

+3
Answers (1)
  1. 13 August, 20:47
    0
    A) Corporate strategy

    Explanation:

    Corporate strategy

    The strategy of decision making by going through all the firm's business in order to determine how to make the most value.

    For the development of a corporate strategy, the firms need to look into various business they own, and the impact of business on each other and to find how the parent company is structured to optimize the governance, processes and human capital.

    The corporate strategy builds to one of the top of the business strategy, and is concerned with strategic decision making of the individual business.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The board of directors of Best Digital Inc., a company that has a large product mix, has decided to get actively involved in research and ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Generally, you should plan to set aside three to six months' net pay in an emergency fund. a. True b. False
Answers (1)
Economic analysis indicates that higher unemployment benefits will
Answers (1)
Your HIM manager wants to purchase a new personal computer and software for the new cider in your department. The usual price for the computer is $1,100. The local supply company gives the facility a 20 percent reduction on all items they purchase.
Answers (1)
Suppose americans decide to save less of their incomes, reducing the ability of banks to lend to businesses. with less funds available to businesses, workers will haveless capital equipment with which to work.
Answers (1)
Suppose that the U. S. government began to pay for a portion of everyone's college education, and it paid for this by increasing taxes on business investment.
Answers (1)
New Questions in Business
Ollie Company experienced the following events during its first-year operations: 1. Acquired $72,000 cash from the issue of common stock. 2. Borrowed $26,000 from the First City Bank. 3. Earned $59,000 of cash revenue. 4.
Answers (1)
Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $118,500 and $125,600, respectively. During the year, actual overhead was $108,000 and actual direct labor cost was $115,800.
Answers (1)
Individuals who pay less of their own health care costs may have an incentive to use health care resources more frequently and to engage in riskier behaviors. The problem is known as: A. asymmetric information. B. adverse selection. C. moral hazard.
Answers (1)
The answer to the question "what really makes the difference between success and failure on a particular job, and according to whom?" determines:
Answers (1)
What type of promotion requires consumers to rely on some measure of random chance? A. Sweepstakes B. Coupons C. Rebates D. Premiums
Answers (1)
Home » Business » The board of directors of Best Digital Inc., a company that has a large product mix, has decided to get actively involved in research and development for the next three financial years.
Sign Up Forgot Password?