The primary aim of strategic management at the business level is: Select one: O a. Maximizing risk to return trade-offs through diversification O b. Achieving competitive advantage O c. Achieving a low-cost position O d. Maximizing differentiation of products and/or services

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter8: Strategic Analysis: Understanding A Firm’s Competitive Environment
Section: Chapter Questions
Problem 8CRQ: What are generic competitive strategies, and how are they implemented in a firms value chain...
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d. Time consuming and the need to continually develop new capabilities
The primary aim of strategic management at the business level is:
Select one:
t of
O a. Maximizing risk to return trade-offs through diversification
O b. Achieving competitive advantage
estion
O c. Achieving a low-cost position
O d. Maximizing differentiation of products and/or services
Transcribed Image Text:d. Time consuming and the need to continually develop new capabilities The primary aim of strategic management at the business level is: Select one: t of O a. Maximizing risk to return trade-offs through diversification O b. Achieving competitive advantage estion O c. Achieving a low-cost position O d. Maximizing differentiation of products and/or services
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