As opposed to corporate strategy, business strategy is focused on:
A) cost control of fixed costs.
B) demand management.
C) the choice of industries in which to produce.
D) the choice of how to compete with other firms in the industry.

Question

Quizplus · Accepted Answer

Business strategy is concerned with how a firm competes within its industry, including factors such as product differentiation, pricing strategies, and target markets. It is different from corporate strategy, which focuses on the overall direction and diversification of the company as a whole. Option A is more related to cost management, while option B is a subset of marketing strategy, and option C is more related to corporate strategy.

As Opposed to Corporate Strategy, Business Strategy Is Focused On