Business Strategy Formulation & Corporate-level Strategies

1. Briefly describe the business-unit strategy of low-cost leadership;
2. Briefly describe the business-unit strategy of differentiation;
3. Briefly describe the business-unit strategy of best value;
4. Briefly describe the business-unit strategy of focus; and
5. Apply your understanding of the four business-level strategies to analyze a hospitality
   business that you worked at, are currently working/interning at, or are interested in
   working for after you graduate. What is its business strategy? What made you conclude
   that this hospitality business is employing this strategy?

Sample Solution