This assignment delves into the complex interplay between the business environment and competitive priorities. Students are tasked with examining scholarly literature, including studies by Cai & Yang (2014), Hamilton & Webster (2015), Khan & Quaddus (2015), Konstantin (2014), and others, to understand how various factors within the business environment influence a firm's competitive strategies. The analysis should encompass key concepts such as innovation, financial leverage, product quality, and organizational structure.