Question

A business-level strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage in specific product markets.
(A) True
(B) False

Answer 1

Answer:

True

Explanation:

Business-level strategy focuses on how to satisfy customers, offer goods and services that meet up to their standard, and improve operating profits.

Business level strategies are actions carried out to give value to customers and also gain a competitive advantage by taking advantage of core competencies in specific, individual product or service markets.