Prompt
Create a one-page document describing business strategy for mid-level managers.
Specifically, you must address the following criteria:
Definition : Define the term business strategy in your own words.
Formulation : Briefly outline the steps involved in formulating a business strategy.
Responsibilities: Explain who is responsible for and who benefits from good business strategy.
Corporate vs. business unit strategy : Describe at least two ways in which a corporate strategy is different from a business unit strategy.
