The _____ strategy of the firm is concerned with how the firm will compete in each product-market or industry once they have been chosen.
A) business-level
B) functional-level
C) corporate-level
D) transitional-level

Question

Quizplus · Accepted Answer

The business-level strategy focuses on how a firm will compete in each product-market or industry once they have been chosen. The functional-level strategy is concerned with how each business function can support the business-level strategy. The corporate-level strategy is about how the firm operates across different industries and markets. Transitional-level is not a relevant term in this context.

The _____ Strategy of the Firm Is Concerned with How