Which of the following is a true statement about business-level strategies?

A) They should align with the firm's vision, mission, and corporate strategy.
B) They should encompass a longer time frame than the firm's corporate strategy.
C) They should primarily address the firm's cash flow and risk management issues.
D) They should passionately convey the future of the firm as envisioned by its stakeholders.

Business-Level Strategies

The tactics and approaches a business adopts to compete effectively in a particular market, focusing on achieving competitive advantage.

Corporate Strategy

The overarching plan and scope of an organization aimed at achieving long-term business objectives and competitive advantage.

Cash Flow

The total amount of money being transferred into and out of a business, indicating its liquidity, financial health, and ability to handle operational expenses.