What are the three important conditions that must be kept in mind when considering any of the business level strategies
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Corporate level strategy: This level answers the foundational question of what you want to achieve. Is it growth, stability, or retrenchment?
Business unit level strategy:This level focuses on how you’re going to compete. Will it be through customer intimacy, product or service leadership, or lowest total cost? What’s the differentiation based on?
Market level strategy: This strategy level focuses on how you’re going to grow. Will it be through market penetration, market development, product or service development, or diversification?
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