In: Finance
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
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 |