As opposed to corporate strategy,business strategy is focused on
A)increasing the elasticity of consumer demand.
B)the type of production technique to use.
C)the type of industry to produce in.
D)how to compete with other firms in the industry.

Question

Quizplus · Accepted Answer

Business strategy is concerned with how a firm competes with other firms in the industry. It involves formulating tactics that allow the firm to have a competitive advantage over its rivals. Corporate strategy, on the other hand, involves making decisions concerning the overall direction of the company and the allocation of resources.

As Opposed to Corporate Strategy,business Strategy Is Focused on