Business strategy is a firm's theory of how to gain competitive advantage by operating in several businesses simultaneously.

Name: Business strategy is a firm's theory of how to gain competitive advantage by operating in several businesses simultaneously.
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Question

Quizplus · Accepted Answer

A business strategy typically focuses on how a firm can gain a competitive advantage within a single business or market, while a corporate strategy involves operating in multiple businesses.

Business Strategy Is a Firm's Theory of How to Gain