Focusing on generic strategies allows executives to concentrate on the core elements of firms' business-level strategies.

Name: Focusing on generic strategies allows executives to concentrate on the core elements of firms' business-level strategies.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Generic strategies, such as cost leadership, differentiation, and focus, help executives streamline their approach by concentrating on fundamental aspects of their business-level strategies, ensuring alignment with overall objectives.

Focusing on Generic Strategies Allows Executives to Concentrate on the Core