Question

In which area would a business strategy be concerned with?

a.

Acquisition of human resource capital

b.

Matters referred to in the mission statement

c.

Portfolio of interests the business wants to pursue

d.

None of the above

Answer: (b).Matters referred to in the mission statement Explanation:Business strategy would deal with matters referred to in the mission statement. It would refer to the portfolio of interests it wants to pursue, whether it wants to acquire other businesses or not and what would be the financial ratios like Return on Capital Employed, that it would aim at.

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Q. In which area would a business strategy be concerned with?

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