Business-Level Strategies Are Concerned Specifically With

question 12

Multiple Choice

Business-level strategies are concerned specifically with:

• A) creating differences between the firm's position and its competitors.
• B) selecting the industries in which the firm will compete.
• C) how functional areas will be organized within the firm.
• D) how a business with multiple physical locations will operate one of those locations.

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Definitions:

Job Design

Identification of job duties, characteristics, competencies, and sequences, taking into consideration technology, workforce, organization character, and environment.

Job Duties

The responsibilities and tasks that are expected to be performed by someone holding a particular job position.

Technology

Refers to the application of scientific knowledge for practical purposes, especially in industry and in the design, production, and use of tools, machines, and software.

Competency-Based Management

An approach to management that focuses on assessing, managing, and developing employees' skills and competencies to meet organizational goals.