"To reduce costs in all departments below that of rival competitors." - This statement is an example of a business-level strategy.

Name: "To reduce costs in all departments below that of rival competitors." - This statement is an example of a business-level strategy.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

A business-level strategy focuses on how a company will compete in a particular market, and reducing costs to gain a competitive advantage is a common business-level strategy.

"To Reduce Costs in All Departments Below That of Rival