What is market commonality-what is resource similarity


Assignment:

Respond as thoroughly as you can, providing examples where appropriate and incorporating all previous graduate-level academic work in your responses.

1.Define strategic competitiveness and above-average returns. What is the relationship between strategic competitiveness and returns on investment?

2.Define strategy and business-level. What is the difference between these two concepts?

3.What is market commonality? What is resource similarity? How are these concepts combined to identify the level of competition between two firms?

4.Differentiate between corporate-level and business-level strategies and give examples of each.

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Microeconomics: What is market commonality-what is resource similarity
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