The key to developing an effective business-level strategy is deciding on a general competitive strategy in the marketplace.

Name: The key to developing an effective business-level strategy is deciding on a general competitive strategy in the marketplace.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The general competitive strategy chosen by a company will guide its decisions on how to compete in the marketplace and create value for customers. This is a crucial component of developing an effective business-level strategy.

The Key to Developing an Effective Business-Level Strategy Is Deciding