Business strategy, as distinct from corporate strategy, is chiefly concerned with

a. deciding what new businesses to enter, which existing businesses to get off, and which existing business to remain in.

b. forging actions and approaches to compete successfully in a particular line of business.

c. making sure the strategic intent of a particular business is in step with the company's overall strategic intent and strategy. d. coordinating the competitive approaches of a company's different business units.

e. what business model to employ in each of the company's different businesses.

Question

Dereon Palmer

Business

27 October, 01:23

Business strategy, as distinct from corporate strategy, is chiefly concerned with

a. deciding what new businesses to enter, which existing businesses to get off, and which existing business to remain in.

b. forging actions and approaches to compete successfully in a particular line of business.

c. making sure the strategic intent of a particular business is in step with the company's overall strategic intent and strategy. d. coordinating the competitive approaches of a company's different business units.

e. what business model to employ in each of the company's different businesses.

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Answers (1)

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Richard Shaffer · Answer 1

B) forging actions and approaches to compete successfully in a particular line of business.

Explanation:

A business strategy's main concern is to strengthen the market position and to build the competitive advantage for a single line of business. Business strategy differs from corporate strategy since it focuses on only one particular line of business, while corporate strategy must include all the businesses that a corporation has.