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- Types of business level strategies include12:
- Cost leadership strategy: competing with a wide variety of businesses based on price by reducing operational costs.
- Differentiation strategy: utilizing a product or service with completely unique features when comparing against the competition.
- Focused differentiation strategy: targeting a specific niche market with a differentiated product or service.
- Focused low-cost strategy: targeting a specific niche market with a low-cost product or service.
- Integrated low-cost differentiation strategy: combining elements of cost leadership and differentiation to appeal to a broader market.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.5 Types of business level strategy
- 1. Cost leadership strategy Cost leadership strategy is about competing with a wide variety of businesses based on price. ...
avada.io/resources/business-level-strategy.htmlTypes of Business Level Strategies
- 1. Cost-Leadership Business Level Strategy A cost-leadership business strategy allows businesses to increase their overall efficiency by reducing operational costs. ...
- 2. Differentiation Business Level Strategy ...
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