Question: 1 . Corporate - Level Strategy Definition and Importance: Explain what corporate - level strategy entails. Discuss the role of top management in setting the

1. Corporate-Level Strategy
Definition and Importance: Explain what corporate-level strategy entails. Discuss the role of top management in setting the direction for the entire organization.
Key Activities: Identify key activities at the corporate level, such as mergers and acquisitions, diversification, strategic alliances, and resource allocation.
Strategic Decision Making: How does the corporate strategy determine the scope of the business (e.g., market expansion, entry into new industries)? Discuss how decisions at the corporate level impact the long-term vision of the organization.
Examples: Provide real-world examples of companies that have developed successful corporate-level strategies (e.g., Amazon, Apple, General Electric).

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