A Plan That Indicates How a Division Intends to Compete

question 81

Multiple Choice

A plan that indicates how a division intends to compete against its rivals in an industry is known as a:

• A)corporate-level strategy
• B)business-level plan
• C)functional-level plan
• D)corporate-level plan
• E)business-level strategy

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Definitions:

New Market

A new market refers to the introduction or discovery of new sectors, customer groups, or geographic areas where a business or product has not previously engaged or sold.