Final answer:
ABC Corp.'s implementation of a discount schedule for high-volume clients is a business strategy that allows the company to improve efficiency, similar to a restaurant's procurement strategy or a manufacturing factory's job classification system.
Step-by-step explanation:
An example of a business strategy is when ABC Corp. established a discount schedule for large-volume clients, allowing managers to devote more time to complex issues. This strategy is akin to connections a restaurant has with suppliers—where the business forms relationships to ensure a supply of food, furniture, kitchen equipment, and to maintain the building where it is located.
Similarly, other complex businesses, like a large manufacturing factory or a hospital, may implement various strategies that can include different job classifications to efficiently manage their operations. Economies of scale and strategies like bundling products or services are often used to provide consumer advantages, such as better prices for cable, internet, and phone services.