5. Which of the following is an issue considered in developing corporate strategies?
a. What business(es) are we in?
b. What direction are we going?
c. What resources do we have to implement our strategies?
d. What businesses are we in and what to do with those businesses?
Answers
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Answer:
c or all of the above
Explanation:
Actually answer should be all of the above becasue for taking any decisions for a corporate all the above mention point are to be considere or can be a issue in taking decision regarding developing strategies but since we have to choose one I will go with (c) because if we are not having enough resources soo whatever will be our strategies we will fail to implement because of lack of resources.
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The issue which is considered in the developing corporate strategies is the Businesses in which we are in and what to do with those businesses. ( Option - d )
- The Developing Corporates should be more focused on what they are doing and what will be the outcomes of their business very accurately.
- Because they have very less resources that should be used in such a way that all of them are utilized to the fullest.
- Especially the developing countries do not have extra funds other than capital so the types of businesses they are in should be selected in such a way that it does not result in loss and can increase the company's reputation and it can take the corporate in the long run.
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