BUSINESS STRATEGY - BS

Business Strategy -BS

Definition

• BS is concerned with how the firm completes within a particular industry or market. If the firm is to prosper within an industry, it must establish a competitive advantage over its rivals. Hence, this area of strategy is also referred to as competitive strategy
• BS is concerned with establishing competitive advantage by analyzing customer needs and competing ways.
• The challenge for BS is, to create value for customer and to extract some of that value in the form of profit for the firm.
• BS answers, how to build a sustainable competitive advantage in specific business or maket.
• BS is defined as the basis of competition for a given business.
• BS drives innovative behavior.

Business-level Strategy centers on how a firm competes in a given industry and positions itself against its competitors. 

Then, contact EXCPR™ for establishing or reviewing your organization’ BS, through the following channels

Sharq, Ahmed Aljaber, CBK Building, Opposite to Dar Alawadi, Level 6

P.O. Box 21407 Safat, 13075 Kuwait

Tel: +965 229-71156

Fax: +965 224-78734

Mob: +965 600-excpr (600-39277)

Email: info@excpr.com

Website: www.excpr.com