Competitive Advantage Can Be Classified at the Following Level of Strategy

question 9

Short Answer

Competitive advantage can be classified at the following level of strategy:
A.Functional level strategy
B.Business level strategy
C.Corporate level strategy
D.Network level strategy.

---

Definitions:

Implementation

The execution of a plan, idea, or policy to ensure that its intended effects are fully realized in practice.

Innovation

The process of introducing new ideas, devices, or methods to create value or solve problems, often leading to improvements in efficiency, products, or services.

Locus of Control

A psychological concept referring to the degree to which people believe they have control over the outcome of events in their lives, as opposed to external forces beyond their control.

Own Efforts

The personal endeavor or work done by an individual to achieve a goal without relying on the assistance of others.