Strategy For Business Example
Strategy For Business Example – Business-level strategies answer the question of how a company will compete in an industry (Figure 5.1 “Business-Level Strategies”). This seems like a simple question, but it’s actually quite complicated. The reason is that there are many possible answers to the question. For example, consider a restaurant in your town or city. Chances are that you live near some combination of McDonald’s, Subway, Chili’s, Applebee’s, Panera Bread Company, dozens of other national brands, and a variety of local restaurants that have one location. Each of these restaurants competes using a business model that is at least …
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