Answer :

The most significant challenge jetblue faced in implementing its business strategy was Reconciling the trade-offs between cutting costs and providing superior service.

Business Strategy: A business strategy explains the precise methods through which a company intends to position itself, accomplish its short- and long-term objectives, and expand over time.

A plan outlining how a corporation will accomplish its objectives is known as a business strategy. Although there are many distinct business strategies, cost leadership, differentiation, and focus are a few typical examples.

Which four different business strategies are there?

Corporate (organizational) strategy.

Competitive business strategy.

Functional Approach.

Operating Approach.

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