![]() It may now be easy to grasp what business-level strategies are, but it gets a little more complicated when you try to figure out which strategy to use. In other words, it’s how a business differentiates itself from its competitors. Put simply, business-level strategies address the question of how a business aims to compete in its particular industry. There are many types of business-level strategies – too many to count! Here, we’ll take you through the five main strategies so you can weigh up which is best for you, or even discover if you’ve been using the right one. To get an edge over your competition, a business-level strategy is needed for long-term success. “If you build it, they will come” doesn’t necessarily ring true anymore when you’re just a fish in a big competitive ocean. Which kind of strategy have you adopted for your business? Is it the right one? ![]() Reading Time: 10 minutes (Last Updated On: September 1, 2021)
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