___ focuses on the strategic question: "In what industries and markets should we compete?"

A) Environmental strategy
B) Functional strategy
C) Competitive strategy
D) Business strategy
E) Corporate strategy

Corporate Strategy

The overall plan and direction of a company to achieve its long-term goals and sustain competitive advantage.

Business Strategy

A plan of action or series of decisions that helps a company achieve its business goals and objectives.

Competitive Strategy

An approach a business adopts to distinguish itself from competitors and achieve a superior position in the market, often involving pricing, product differentiation, and market segmentation strategies.