What is a Business-level strategy and What is its purpose Essay 2022
Business-Level Strategy is the integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in specific product markets. The basis of all business-level strategy choices is a process of deciding what products to offer, what market segments to serve, and what distinctive competencies to pursue (i.e. the what, who, how questions). The fundamental question of business-level strategy is: how do…