Business-level strategies detail commitments and actions taken to provide value to customers and gain competitive advantage by exploiting core competencies in:
A) the selection of industries in which the firm will compete.
B) specific product markets.
C) primary value chain activities.
D) particular geographic locations.

Question

Quizplus · Accepted Answer

Business-level strategies focus on providing value to customers and gaining a competitive advantage in specific product markets. They involve leveraging a firm's core competencies to differentiate their product offering and create unique value for customers in a particular market. While industry selection, primary value chain activities, and geographic location can all play a role in shaping a firm's overall strategy, they are not the primary focus of business-level strategies.

Business-Level Strategies Detail Commitments and Actions Taken to Provide Value