Question

The primary aim of strategic management at the business level is A. maximizing risk-return tradeoffs through diversification. B. achieving a low cost position. C. maximizing differentiation of products and/or services. D. achieving competitive advantage(s).

Answer 1

Answer:

D. achieving competitive advantage(s).

Explanation:

• The strategic management at the primary levels involves the setting of the objectives and analyzing the competitive environment and the internal organization.

• Then evaluating the strategies and also ensuring that the management rules out those strategies across the organization. Thus makes to achieve a competitive advantage and hence plays a major role in the formation of the business with a high advantage.