Functional level strategies.

  What are functional level strategies? How they relate to competitive advantage of a company? How can functional level strategy contribute to efficiency? Describe economies of scale and how it relates to competitive advantage. What strategic significance does economies of scale have for a company? What it does with the competitive advantage of a company? How does innovation relate to competitive advantage? What can be done to sustain innovation in a company? How does customer relations contribute to competitive advantage? What is the effect of customer relations on value creation and its components?