Business strategy, as distinct from corporate strategy, is chiefly concerned with making sure the strategic intent of a particular business is in step with the company's overall strategic intent and strategy. O deciding how to build competitive advantage and improve performance in a particular line of business. O coordinating the competitive approaches of a company's different business units. O deciding what new businesses to enter, which existing businesses to get out of, and which existing business to remain in. O what business model to employ in each of the company's different businesses.
Business strategy, as distinct from corporate strategy, is chiefly concerned with making sure the strategic intent of a particular business is in step with the company's overall strategic intent and strategy. O deciding how to build competitive advantage and improve performance in a particular line of business. O coordinating the competitive approaches of a company's different business units. O deciding what new businesses to enter, which existing businesses to get out of, and which existing business to remain in. O what business model to employ in each of the company's different businesses.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
![Business strategy, as distinct from corporate strategy, is chiefly concerned with
○ making sure the strategic intent of a particular business is in step with the company's overall strategic intent and
strategy.
○ deciding how to build competitive advantage and improve performance in a particular line of business.
○ coordinating the competitive approaches of a company's different business units.
deciding what new businesses to enter, which existing businesses to get out of, and which existing business to remain
in.
○ what business model to employ in each of the company's different businesses.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8d494b17-8b36-49e0-a6a1-3408f9cee0a7%2F37a4e8a1-dc33-42f1-a9f8-97e8fe1b7c15%2Fbsd4hjg_processed.png&w=3840&q=75)
Transcribed Image Text:Business strategy, as distinct from corporate strategy, is chiefly concerned with
○ making sure the strategic intent of a particular business is in step with the company's overall strategic intent and
strategy.
○ deciding how to build competitive advantage and improve performance in a particular line of business.
○ coordinating the competitive approaches of a company's different business units.
deciding what new businesses to enter, which existing businesses to get out of, and which existing business to remain
in.
○ what business model to employ in each of the company's different businesses.
![Driving-forces analysis typically does not include
determining whether forces are acting to make competition more or less intense.
O determining whether forces are acting to strengthen or weaken market demand.
○ determining whether forces are acting to cause fundamental changes in industry conditions and/or the industry's
competitiveness.
○ determining whether forces are acting to cause industry rivals to shift to a different strategic group.
○ determining whether forces are acting to raise or lower industry profitability.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8d494b17-8b36-49e0-a6a1-3408f9cee0a7%2F37a4e8a1-dc33-42f1-a9f8-97e8fe1b7c15%2Fwurdtd1_processed.png&w=3840&q=75)
Transcribed Image Text:Driving-forces analysis typically does not include
determining whether forces are acting to make competition more or less intense.
O determining whether forces are acting to strengthen or weaken market demand.
○ determining whether forces are acting to cause fundamental changes in industry conditions and/or the industry's
competitiveness.
○ determining whether forces are acting to cause industry rivals to shift to a different strategic group.
○ determining whether forces are acting to raise or lower industry profitability.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Understanding Business](https://www.bartleby.com/isbn_cover_images/9781259929434/9781259929434_smallCoverImage.gif)
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
![Management (14th Edition)](https://www.bartleby.com/isbn_cover_images/9780134527604/9780134527604_smallCoverImage.gif)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
![Spreadsheet Modeling & Decision Analysis: A Pract…](https://www.bartleby.com/isbn_cover_images/9781305947412/9781305947412_smallCoverImage.gif)
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
![Understanding Business](https://www.bartleby.com/isbn_cover_images/9781259929434/9781259929434_smallCoverImage.gif)
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
![Management (14th Edition)](https://www.bartleby.com/isbn_cover_images/9780134527604/9780134527604_smallCoverImage.gif)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
![Spreadsheet Modeling & Decision Analysis: A Pract…](https://www.bartleby.com/isbn_cover_images/9781305947412/9781305947412_smallCoverImage.gif)
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
![Management Information Systems: Managing The Digi…](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780135191798/9780135191798_smallCoverImage.jpg)
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
![Business Essentials (12th Edition) (What's New in…](https://www.bartleby.com/isbn_cover_images/9780134728391/9780134728391_smallCoverImage.gif)
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
![Fundamentals of Management (10th Edition)](https://www.bartleby.com/isbn_cover_images/9780134237473/9780134237473_smallCoverImage.gif)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON