7. A business-level strategy is concerned with. c. the firm\'s action to exploit

Question

7. A business-level strategy is concerned with. c. the firm's action to exploit its competitive advantage in a strategic sense in the d.a unique combination of the firm's resources, strategic intent and mission. all of the business in which a company intends to compete b. ll policies and procedures used in various functional areas a. marketplace. Answer Southwest Airlines selling tickets through Galileo is an example of which type of strategy? a. forward integration b. backward integration c. horizontal integration d. related diversification c. unrelated diversification Answer 9.Whirlpool selling its struggling Hover floor-care business to Techtronic Industries is an example of which type of strategy? a. related diversification b. unrelated diversification c. retrenchment d. divestiture c.liquidation Answer 10. Burger King opening its first restaurant in Japan is an example of which type of strategy? a forward integration b. backward integration c. horizontal integration d.market development c. product development Answer 11. Which of the following is most likely not included in the functional level of a small company? a.Finance b. Marketing R & D d.Department managers e. Human resource managers Answer

Explanation / Answer

Answer 7: Option C The firm’s action to exploit its competitive advantage in a strategic sense in the marketplace.

Business level strategy is concerned with a firm’s position in an industry relative to its competitors in market.

Answer 8: Option A: Forward integration

Answer 9: Option D: Divestiture

Answer 10: Option D: Market Development

Answer 11: Option E: Human resource managers

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