Question

a corporate - level strategy that emphasizes reinvesting a companys profits in strengthening its competitive position in its current industry
multiple choice
backward vertical integration
concentration on a single industry
international expansion
diversification
forward vertical integration

Explanation:

Concentration on a single industry is a corporate - level strategy where a company focuses on its current industry. It reinvests profits to strengthen its competitive position within that industry. Backward vertical integration involves moving upstream in the supply chain. International expansion is about entering foreign markets. Diversification is moving into new industries. Forward vertical integration is moving downstream in the supply chain. Since the question emphasizes reinvesting in the current industry, concentration on a single industry is the correct answer.

Answer:

Concentration on a single industry