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Respond to the following in a minimum of 175 words: Discuss the differences and relationship between...

Respond to the following in a minimum of 175 words:

Discuss the differences and relationship between a business level strategy and a corporate level strategy. Use examples from your own company (or a company with which you are familiar) in order to illustrate this differences and relationship.

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Answer #1

Differences and relationship between business and corporate level strategies.

Explanation:

Business level strategy is used in a company to show its employees and its employers on how they should do something; it shows them how to do a specific thing in order for them to achieve a certain result. For example Google as a company invests in how it can ensure its customer satisfaction terms and conditions in order to get more sales and hence generate more profit.

On the other hand, corporate strategy is a measure that companies use in order to select and focus in the relevant business industry which has a chance or an opportunity to grow and expand with time, for example Google chose to be focused on technology because the current generation is flexible and ready to embrace technology use hence important in this era.

But the above strategies are both necessary for a business as they can contribute greatly to a business success. They also help companies be more competitive hence gaining an advantage.

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