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:

Packing Machines

Equipment used in various industries for the purpose of packaging products into containers, bags, or other formats for distribution.

Operating Cost

Expenses associated with the day-to-day functions of a business, including costs for goods, services, and administration.

Required Rate of Return

The lowest yearly percentage return on an investment that motivates people or businesses to invest in a specific project or financial vehicle.

CCA Class

A grouping in Canadian tax law under the Capital Cost Allowance, determining the rate at which assets can be depreciated for tax purposes.