Define Strategy and Business-Level Strategy

question 7

Essay

Define strategy and business-level strategy.

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Definitions:

Information Technology

The use of computers, storage, networking, and other physical devices and infrastructure to create, process, store, secure, and exchange all forms of electronic data.

Physical Process

A natural or engineered sequence of actions or operations that transform materials or substances, often involving changes in physical properties.

Process Strategies

Approaches and actions a company takes to reach its business objectives by improving the processes through which it produces goods or provides services.

Process Control System

A system used to monitor and control a process to ensure it operates within set parameters, maintaining product quality.