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3.An independent subsidiary of a diversified enterprise that is responsible for the operation of a certain industry belongs to the main body of the business-level strategy.

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2.The aim of business-level strategy is to maximize profits

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1.The main contents of the business-level strategy will involve investment, development and entry into other industries or businesses.

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19.The research on positioning strategy only reveals the strategic choice in the initial stage of enterprise competition from a relatively static perspective. The main sources of competitive advantage in this stage are

A. The speed of follow-up by the followers
B. Time and ability to realize major technological and business model innovations
C. Effectiveness of management
D. Efficiency of management

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18.Summing up various viewpoints of western scholars, which of the following aspects are the main features of dynamic competition

A. Dynamic competition is characterized by high intensity and high speed competition.
B. Strategic interaction among competitors has accelerated significantly.
C. Any competitive advantage is permanent and can be maintained for a long time.
D. The effectiveness of a competitive strategy depends only on the first mover.

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