Topic: Business$-$Level And Corporate$-$Level Strategies

Objectives:

Identify the characteristics of business$-$level strategies.

Differentiate between slow, standard, and fast$-$cycle markets.

Evaluate how firms create value using diversification strategies.

QUESTIONS $($part $1)$:

What is the relationship between business level strategy and value chain activities?

How do disruptive business models alter a value chain?

What are the implications for the business and for its competitors?

QUESTIONS $($part $2)$:

Why do you think competing businesses endeavor to differentiate? How can external factors regulate the nature of competition within an industry?