Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Business level strategy and value chain activities are closely connected and clearly have a relationship with each other. Business level strategy refers to the approach
Business level strategy and value chain activities are closely connected and clearly have a relationship with each other. Business level strategy refers to the approach an organization takes to compete in that market. Value chain activities refers to a series of activities that an organization processes to create and deliver a service or product to the market. The relationship between the two is that the chosen strategy influences how the organization manages its value chain.
Disruptive business models can alter the value chain by leveraging technology or new innovative approaches. For the business, a disruptive models can drive innovation, and create a new way to deliver value. For a competitor, these disruptive models can pose a threat to competition who can struggle to adapt.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started