Answer :
The strategy an organization employs to manage its operations across several industries and several markets simultaneously is called Corporate-level strategy.
What is the Corporate-level strategy?
A corporate-level strategy is a decision made to achieve a competitive and strategic advantage by selecting and managing a diverse set of firms that compete in a variety of sectors or product marketplaces.
- A business organization is a business environment where business activities take place.
The three levels of strategy utilized in a business organization are:
- Business level strategy
- Functional level strategy
- Corporate level strategy
Therefore, we can conclude that the Corporate-level strategy is the strategy that an organization employs to manage its operations across several industries.
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