Which of the following describes the most appropriate use of business-level strategies?
A) pursuing opportunities within a specific business
B) outsourcing production to overseas divisions
C) managing diversified businesses
D) competing in hypercompetitive markets

Question

Quizplus · Accepted Answer

Business-level strategies are best used in pursuing opportunities within a specific business. Business-level strategies focus on how a firm can create and maintain a competitive advantage within a specific industry or market segment. It involves making tactical decisions related to pricing, product differentiation, and marketing to gain an advantage over competitors. Therefore, pursuing opportunities within a specific business is the most appropriate use of business-level strategies.

Which of the Following Describes the Most Appropriate Use of Business-Level