QUESTION 16 a. Explain the two elements or basis used to determine the extent of competition from another company in the same industry and further explain the three (3) drivers of competitive...

QUESTION 16

a. Explain the two elements or basis used to determine the extent of competition from another company in the same industry and further explain the three (3) drivers of competitive behaviour.

b. Describe the strategy formulation process; clearly explaining three major activities that are undertaken at this stage
c. Distinguish between business level strategies and corporate level strategies.