Question

In: Finance

Which of the following issues is unlikely to be addressed by a corporate-level executive? the industries...

Which of the following issues is unlikely to be addressed by a corporate-level executive?

the industries that the organization should get into or out of

the resources to be allocated to each of the businesses

the businesses in which the organization should invest money

the advantages held over the business' competitors

Solutions

Expert Solution

The answer will be
d.the advantages held over the business' competitors
All the other-first three options are under his control as a senior management-officer of the company
he can suggest line of business
he is empowered to decide on the quantum of finance , to fund each one of them
similarly, he is entrusted the responsibility for profitable investments of the company's surplus funds.
But he may not have any role in competitors'   business moves, be it choosing markets , deciding the selling price or selecting area of operations , or some such policy decisions.
He can only counter their moves, after, it becomes public , after certain lapse of time.
Hence these issues are unlikely to be addressed by a corporate-level executive

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