List and describe the four permitted Business Level Strategies? List and describe why the instructor has...

List and describe the four permitted Business Level Strategies? List and describe why the instructor has prohibited the use of the fifth Business Level Strategy

Expert Solution

The four permitted business-level strategies are as follows:

1. cost leadership- companies here emphasize on the price and competes for wider bases of customers. Prices are kept competitive so that the more number of customers purchase the services/products.

2. Differentiation- Instead of emphasizing on the lowest possible price, the customers are provided with products that have value-added features and benefits.

3. Focused low cost- under this strategy, companies focus on s small market segment and also compete for providing products and services and competitive price.

4. Focused differentiation- companies not only compete on the basis of differentiation but also focuses on a small market segment.

The fifth business strategy is the usage of integrated differentiation strategy or low-cost strategy and its usage are not recommended because if companies fail to manage and execute this strategy, then it will be stuck in the middle.

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keosha answered 1 year ago

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