Business-level strategies are concerned specifically with
A) creating differences between the firm's position and its rivals.
B) selecting the industries in which the firm will compete.
C) how functional areas will be organized within the firm.
D) how a business with multiple physical locations will operate one of those locations.

Question

Quizplus · Accepted Answer

Business-level strategies focus on creating and maintaining a competitive advantage over rival firms in the same industry. This involves identifying and developing unique capabilities, resources, and positioning in the market that set the firm apart and create value for customers. Business-level strategies are not concerned with selecting industries, organizing functional areas, or operating physical locations.

Business-Level Strategies Are Concerned Specifically with