A _____ strategy primarily identifies how a division or strategic business unit will compete in its product or service domain.
A) branding
B) business
C) corporate
D) functional
E) marketing

Question

Quizplus · Accepted Answer

A business strategy focuses on defining how a specific unit within a company will compete in its market. This strategy takes into account factors such as target customers, product differentiation, and competitive advantage. A branding strategy focuses on developing and promoting a company's brand identity. A corporate strategy looks at overall direction and goals for the entire company. A functional strategy outlines how each department within the company will contribute to achieving the overall business strategy. A marketing strategy focuses on promoting and selling specific products or services.

A _____ Strategy Primarily Identifies How a Division or Strategic