2 Questions
Which level of strategy focuses on how a firm competes within a specific industry?
Business Level Strategies
What is the purpose of the External Analysis in strategic management?
To analyze industry and competitive factors
Study Notes
Strategic Management
- The business level of strategy focuses on how a firm competes within a specific industry.
External Analysis
- The purpose of External Analysis in strategic management is to identify opportunities and threats outside the organization.
Test your knowledge of strategic management with this quiz! Covering topics such as competitive advantage, external and internal analysis, industry analysis, business level strategies, corporate strategy, and more. Assess your understanding of strategic renewal, turnarounds, corporate governance, and international strategy. Perfect for students and professionals studying strategic management.
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