Which of the Following Statements Best Describes a Business-Level Strategy

question 24

Multiple Choice

 Which of the following statements best describes a business-level strategy?

• A) The determination of how a company will compete in a given business and position itself among its competitors
• B) The way a company seeks to create value through the configuration and coordination of multimarket business activities
• C) The process of identifying how a firm can best align its resources in a business to carve out a defensible position in the marketplace
• D) The way a strategy is formed with a focus on developing global efficiency instead of catering to local tastes

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Definitions:

Small Groups

Collections of individuals who interact with each other, usually face-to-face, in a way that each person influences and is influenced by each other.

Likert Scale

A technique for measuring attitudes that asks a respondent to indicate the extent to which he or she agrees with each of a series of statements about an object.

Reliability

The degree to which a measuring instrument produces the same results each time it is employed under a set of specified conditions.

Different Participants

Refers to the diverse members or individuals who take part in a study, survey, or any given activity or process.