A ___ strategy primarily identifies how a division or strategic business unit will compete in its product or service domain.

A) branding
B) business
C) corporate
D) functional
E) marketing

A business strategy identifies how a division or strategic business unit will compete in its product or service domain. Branding strategy focuses specifically on creating and developing a brand image, while marketing strategy addresses the overall marketing mix (product, price, promotion, and place). Corporate strategy, on the other hand, is concerned with the overall portfolio of businesses within a company and how they fit together, while functional strategy deals with how specific departments or functions within an organization can contribute to the overall goals and objectives.