ANSWERS
correct answer Competitors in an industry
Business Strategy correct answer Concerns actions and approaches to produce
performance in a specific line of business.
Business Strategy correct answer Crafting responses to changing market
circumstances
Corporate or Business Strategy?
Business Strategy correct answer Getting business-level strategic moves approved
at the corporate-level.
Corporate or Business Strategy?
Business Strategy correct answer Initiating actions to build competitive advantage
and to develop strong competitive capabilities.
Corporate or Business Strategy?
Business Strategy correct answer Is the responsibility of the manager in charge of
the business and involves:
a. Crafting responses to changing market circumstances
, b. Initiating actions to build competitive advantage and to develop strong
competitive capabilities.
c. Seeing that lower-level strategies are well-matched to the overall business
strategy
d. Getting business-level strategic moves approved at the corporate-level
Business Strategy correct answer Seeing that lower-level strategies are well-
matched to the overall business strategy.
Corporate or Business Strategy?
Core Values correct answer How we will do thingsc
Corporate Strategy correct answer Boost the combined performance of the firm's
different businesses.
Corporate or Business Strategy?
Corporate Strategy correct answer Capture cross-business synergies and turn
them into competitive advantage.
Corporate or Business Strategy?
Corporate Strategy correct answer Concerns the overall companywide game plan
for managing a set of businesses and is orchestrated by the CEO and other senior
headquarters' executives.