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QUESTION 19 Which of the following is NOT a major implication of the strategic group concept:...

QUESTION 19

  1. Which of the following is NOT a major implication of the strategic group concept:

    A.

    Strategic group analysis may be useful in exposing important market niches other competitors do not recognize.

    B.

    Organizations in a strategic group are competitors but fundamentally different from one another.

    C.

    Organizations in a strategic group are each other’s primary or direct competitors.

    D.

    Organizations pursue different strategies with service categories and service areas

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Answer #1

Organizations in a strategic group are competitors but fundamentally different from one another.

Organizations in a strategic group are direct competitiors with the same fundamentals, not different. For example , a fine dining startegic group of restaurants will have the same fundamentals.

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