Question

Bahut padhne wali business level strategies are about detail of commitments and actions taken to provide value to customers and gain competitive advantage by floating more competencies in

Answer 1

Explanation:

➡️ An organization's core competencies should be focused on satisfying customer needs or preferences in order to achieve above average returns. This is done through Business-level strategies. Business level strategies detail actions taken to provide value to customers and gain a competitive advantage by exploiting core competencies in specific, individual product or service markets. Business-level strategy is concerned with a firm's position in an industry, relative to competitors and to the five forces of competition.

Answer 2

Strategy matters because it provides precise directions to a firm. A competitive strategy is a set of decisions necessary to support

Strategy matters because it provides precise directions to a firm. A competitive strategy is a set of decisions necessary to support organizational goals within a specific business. By implementing a certain competitive strategy, a firm defines its position relative to its rivals, which in turn contributes to a competitive advantage.