When developing its strategy, an organization may need to assess its position at both the business level and the corporate level. Acompany's business-level strategy focuses on how the firm will compete within a particular line of business. By comparison, thecorporate-level strategy considers which industries the company should participate in and how resources will be allocated across thosedifferent lines of business.Determine whether the company activities in the following table are examples of business-level or corporate-level strategies.Business-LevelCorporate-LevelCompany ActivityStrategyStrategyAfter first denying that a split was being contemplated, eBay announced that it would spin off its very successfulPayPal division, which has now become a separate company. The motivation for the spinoff was for PayPal to fulfill itspotential in the booming online payment industry while eBay continues to focus on the online auction business.(Source: Bertoni, S. (2014, September 30). Ebay and PayPal to split: Carl Icahn and Elon Musk wish comes true.Forbes. Retrieved from http://www.forbes.com/sites/stevenbertoni/2014/09/30/ebay-and-paypal-to-split-carl-icahn-and-elon-musk-wish-comes-true/)Imagine that senior managers in the Post-it Note division at 3M determine that regardless of how 3M positions itsother products, Post-it Notes will continue to be sold at a premium price. The company will also continue to developnew Post-it products to attract new buyers.Imagine that after Annie's, a company that makes organic foods, had a very successful IPo, its managers met toconsider the best way for the company to position its products and decided on a focus strategy, targeting sales atpeople who prefer to consume food with certified organic ingredients. (Source: Cowan, L. (2012, March 28). Hotdebut: Annie's IPO jumps 89%. The Wall Street Journal. Retrieved fromhttp://www.wsj.com/articles/SB10001424052702303404704577309534266590926)Google acquired YouTube in 2006. Imagine that Google managers ask, "Should we sell off YouTube to refocus ourproduct portfolio?" (Source: Associated Press. (2006, October 10). Google buys YouTube for $1.65 billion. Retrievedfrom http://www.nbcnews.com/id/15196982/ns/business-us business/t/0oogle-buys youtube-billion/) price. The company will also continue to developnew Post-it products to attract new buyers.Imagine that after Annie's, a company that makes organic foods, had a very successful IPO, its managers met toconsider the best way for the company to position its products and decided on a focus strategy, targeting sales atpeople who prefer to consume food with certified organic ingredients. (Source: Cowan, L. (2012, March 28). Hotdebut: Annie's IPO jumps 89%. The WalI Street Journal. Retrieved fromhttp://www.wsj.com/articles/SB10001424052702303404704577309534266590926)Google acquired YouTube in 2006. Imagine that Google managers ask, "Should we sell off YouTube to refocus ourproduct portfolio?" (Source: Associated Press. (2006, October 10). Google buys YouTube for $1.65 billion. Retrievedfrom http://www.nbcnews.com/id/15196982/ns/business-us_business/t/google-buys-youtube-billion/)Consider the strategic decision described in the following paragraph and use your knowledge of how a firm chooses business- and corporate-levelstrategies to complete the paragraph and answer the question that follows.Seattle-based Theo Chocolate makes organic and fair-trade chocolate bars. Its management team includes Joe Whinney, the company's founder andCEO, and Debra Music, vice president of sales and marketing. Suppose that Joe and Debra were deciding on a pricing strategy just for their company'schocolate bars. This would be a corporate-level v strategic decision.To make this decision, Joe and Debra would have to take which of the following actions? Check all that apply.O Determine what kind of industries Theo Chocolate should be in.OEvaluate the intensity of competition and competitors' pricing of candies.O Evaluate what resources the company has to devote to manufacturing and selling chocolate bars.Choose one of three approaches for selling chocolate bars: low-cost, differentiation, or focus.

Question

When developing its strategy, an organization may need to assess its position at both the business level and the corporate level. Acompany's business-level strategy focuses on how the firm will compete within a particular line of business. By comparison, thecorporate-level strategy considers which industries the company should participate in and how resources will be allocated across thosedifferent lines of business.Determine whether the company activities in the following table are examples of business-level or corporate-level strategies.Business-LevelCorporate-LevelCompany ActivityStrategyStrategyAfter first denying that a split was being contemplated, eBay announced that it would spin off its very successfulPayPal division, which has now become a separate company. The motivation for the spinoff was for PayPal to fulfill itspotential in the booming online payment industry while eBay continues to focus on the online auction business.(Source: Bertoni, S. (2014, September 30). Ebay and PayPal to split: Carl Icahn and Elon Musk wish comes true.Forbes. Retrieved from http://www.forbes.com/sites/stevenbertoni/2014/09/30/ebay-and-paypal-to-split-carl-icahn-and-elon-musk-wish-comes-true/)Imagine that senior managers in the Post-it Note division at 3M determine that regardless of how 3M positions itsother products, Post-it Notes will continue to be sold at a premium price. The company will also continue to developnew Post-it products to attract new buyers.Imagine that after Annie's, a company that makes organic foods, had a very successful IPo, its managers met toconsider the best way for the company to position its products and decided on a focus strategy, targeting sales atpeople who prefer to consume food with certified organic ingredients. (Source: Cowan, L. (2012, March 28). Hotdebut: Annie's IPO jumps 89%. The Wall Street Journal. Retrieved fromhttp://www.wsj.com/articles/SB10001424052702303404704577309534266590926)Google acquired YouTube in 2006. Imagine that Google managers ask, &#34;Should we sell off YouTube to refocus ourproduct portfolio?&#34; (Source: Associated Press. (2006, October 10). Google buys YouTube for $1.65 billion. Retrievedfrom http://www.nbcnews.com/id/15196982/ns/business-us business/t/0oogle-buys youtube-billion/) price. The company will also continue to developnew Post-it products to attract new buyers.Imagine that after Annie's, a company that makes organic foods, had a very successful IPO, its managers met toconsider the best way for the company to position its products and decided on a focus strategy, targeting sales atpeople who prefer to consume food with certified organic ingredients. (Source: Cowan, L. (2012, March 28). Hotdebut: Annie's IPO jumps 89%. The WalI Street Journal. Retrieved fromhttp://www.wsj.com/articles/SB10001424052702303404704577309534266590926)Google acquired YouTube in 2006. Imagine that Google managers ask, &#34;Should we sell off YouTube to refocus ourproduct portfolio?&#34; (Source: Associated Press. (2006, October 10). Google buys YouTube for $1.65 billion. Retrievedfrom http://www.nbcnews.com/id/15196982/ns/business-us_business/t/google-buys-youtube-billion/)Consider the strategic decision described in the following paragraph and use your knowledge of how a firm chooses business- and corporate-levelstrategies to complete the paragraph and answer the question that follows.Seattle-based Theo Chocolate makes organic and fair-trade chocolate bars. Its management team includes Joe Whinney, the company's founder andCEO, and Debra Music, vice president of sales and marketing. Suppose that Joe and Debra were deciding on a pricing strategy just for their company'schocolate bars. This would be a corporate-level v strategic decision.To make this decision, Joe and Debra would have to take which of the following actions? Check all that apply.O Determine what kind of industries Theo Chocolate should be in.OEvaluate the intensity of competition and competitors' pricing of candies.O Evaluate what resources the company has to devote to manufacturing and selling chocolate bars.Choose one of three approaches for selling chocolate bars: low-cost, differentiation, or focus.

Accepted Answer

Strategic management can be defined as the management of an organization's resources by setting…