Asked by Carrie Steel on Jul 21, 2024
Verified
The President and CEO of Walmart outlined the company's overall strategy and all its business interests.The focus of the strategy was on long-term growth and survival.What type of strategy is Walmart adopting?
A) corporate
B) business
C) international
D) expansion
Corporate Strategy
The overarching plan and direction an organization follows with the aim to achieve significant business goals and gain competitive advantage.
Long-term Growth
The sustained increase in value, productivity, or size over an extended period, often viewed as a sign of health and prosperity within economies or businesses.
Business Interests
Concerns, investments, or stakes that influence the decisions and actions of a business or an individual in a commercial context.
- Discern and segregate diverse corporate approaches and their intentions.
Verified Answer
RG
Riddhi GohelJul 27, 2024
Final Answer :
A
Explanation :
The statement mentions the company's overall strategy and business interests, indicating a higher-level strategy than just focusing on specific business units. The emphasis on long-term growth and survival also suggests a corporate strategy, which focuses on the overall direction and resource allocation of the company as a whole.
Learning Objectives
- Discern and segregate diverse corporate approaches and their intentions.