Which of the following statements best describes a business-level strategy?
A) The determination of how a company will compete in a given business and position itself among its competitors
B) The way a company seeks to create value through the configuration and coordination of multimarket business activities
C) The process of identifying how a firm can best align its resources in a business to carve out a defensible position in the marketplace
D) The way a strategy is formed with a focus on developing global efficiency instead of catering to local tastes

Question

Quizplus · Accepted Answer

A business-level strategy refers to the determination of how a company will compete in a given business and position itself among its competitors. It focuses on creating a competitive advantage for an organization in a specific market or industry.

Which of the Following Statements Best Describes a Business-Level Strategy