The strategy formulation can take place at three levels: corporate, business unit (or competitive strategy), and functional. At all three levels, s...

The strategy formulation can take place at three levels: corporate, business unit (or competitive strategy), and functional. At all three levels, strategy formulation aims to obtain competitive advantage for the organization by creating value for shareholders, business partners, suppliers, employees, and the community - by satisfying the needs and desires of consumers in the best possible way. The strategy that involves deciding how to compete in a particular sector, that is, what product or service to offer, how to manufacture it, and how to distribute it. refers to which level of strategy:


Functional.
Corporate.
Operational.
Horizontal.
Business Unit.