PLEASE HELP ME GIVE FEEDBACK. WITH CONCISE EXPLANATION.

1. Regarding the value chain in relation to the business level strategy; the course curriculum states that the firms business-level strategy is a deliberate choice about how it will perform the value chains primary and support activities to create unique value. (Hitt et al., 2017) I take this to mean that the way in which a firm produces goods or services is defined by the choices made for internal operations, on the part of the firm. For example, rather than sourcing raw materials externally for automobile production, like Chevy Motor Company; its competitor, Ford Motor Company, may source their raw material internally by owning the sources of those materials. However, as mentioned, disrupters can cause conflict within the value chain, when innovation overrides former processes. For example, when newspaper companies begin taking their stories online, to stay relevant in the news market. By doing this, they risk conflict with the vendors who supply their paper and ink; and risk losing their long-time readers who prefer the physical copies of the news. Noting this, what ways would you suggest companies can take this information into consideration when forming their strategies?

2. In consideration of business level strategy and value chain activities, as it pertains to the relationship between them, business level strategy identifies the unique methods of instituting the value chain activities which provides the means production for consumers. business-level strategy is an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in specific product markets. (Hitt et al., 2017) It is the determination by a firm of how they should accomplish their work, either by perform activities differently or to perform different activities than rivals (Hitt et al., 2017) to gain a leg-up in the competition. The specific functions of those activities fall to the value chain, which constitutes the production, storage, distribution, marketing, selling and servicing of a product or service. Thus, the firms business-level strategy is a deliberate choice about how it will perform the value chains primary and support activities to create unique value. (Hitt et al., 2017). If a firm has a disruptive business model, meaning bringing something new and innovative into an existing market, it may alter the value chain by causing conflict within the perspective links. For example, if a company selling widgets in a storefront switch to selling online to broaden their reach, they may disrupt the market, selling and even storing parts of the value chain as each section will have to adapt or redirect their efforts to accommodate the change. Additionally, they run the risk of losing the customers which they catered to directly, of the potential gain of customers they have not dealt with before, which may also significantly change their customer service model. However, the innovation may spur greater success for the company if they took the changes into consideration and planned accordingly. They may even revolutionize the industry and creating more success for the company. While competitors might take advantage of the transition in service, taking customers and potentially vendors away from the company who made the change; the competitors may be faced with adapting their own practices to the changes, if the other company finds success. For example, when Walmart began doing more online sales to compete with Amazon, it made significant impact on Sears, a former competitor. Sears was faced with the dynamic changes in marketing, production, sales, and storage that Walmart had created with by moving to an online brick and cloud-based sales. Sear, unfortunately, waited too long and did not adapt; accordingly, and while their value chain maintained as is, their overall brand lost value. If the company would have changed their business level strategy to find new ways to perform the tasks associated to their value chain, they may still be a competitor today.

3. A business strategy is an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in specific product markets; the value chain activities are the activities or tasks the firm completes in order to produce products and then sell, distribute, and service those products in ways that create value for consumers (Hitt et al., 2017) A business strategy has a close relationship to the value chain analysis; as firms use the value chain analysis to understand the parts of its operations that create value and understand the parts that do not; it is a template used to facilitate implementation of those chosen business strategies (Hitt et al., 2017). When a business alters the value chain model, they fail to anticipate and recognized changes in its customers needs as they may lose its customers to competitors whose products can provide more value (Hitt et al., 2017). The purpose of a business-level strategy is to create differences between the firms position and those of its competitors; how the firm is positioned differently than the competitors and how it intends to perform differently; this is key, as there are implications for the business and for its competitors; choosing to perform activities differently or to perform different activities than rivals is the essence of business-level strategy (Hitt et al., 2017).

4. In order for a company to become successful in the marketplace, they must adopt business level strategies that operate under the market level strategies. Additionally, these business strategies help business to create business polices in helping the business maximize their profits. This may include many different types of business strategies such as creating something new or enhancing something existing that is already at the peak demand. Either way can help the business to maximize its profits with increased sales. Value chain activities on the other hand is an essential part of the business strategies. Being able to produce and maintain product value development in essential in the value chain system. This creates an effective business model or strategies for success and customer loyalty. Some examples may include the business infrastructure, human resource management, procurement, and analytical logistics. A disruptive business model for the value chain strategy is key to keeping a business profitable and operational. If the value chain becomes disjointed or out of whack then there will be a dissolution of the business unit. When a business alters the value chain model, they fail to anticipate and recognized changes in its customers needs as they may lose its customers to competitors whose products can provide more value (Hitt et al., 2017). It will also stunt the positive growth of the business and potentially be the end of the business altogether. Being able to compete with the competitors within any business realm is only successful with s solid and pure business strategy starting with a well thought out and implemented value systems.