Which of the following statements about strategic groups is false?

A. Strategic groups are helpful in thinking through the implications of each industry trend for the group as a whole.
B. Two assumptions are made: (1) no two firms are totally different, (2) no two firms are exactly the same.
C. Strategic groups help chart the future directions of firms' strategies.
D. Strategic groupings are of little help to a firm in assessing mobility barriers that protect a group from attacks by other groups.


Answer: D

Business

You might also like to view...

In the absence of a written agreement in a partnership, partners are required to share profits equally

Indicate whether the statement is true or false

Business

In a decentralized company, all the planning and controlling decisions are made by top management

Indicate whether the statement is true or false

Business

You are currently 25 years of age. You have developed a lifetime budget that includes $50,000 at age 40 for a

college fund for your kids and $25,000 per year for 20 years to supplement your retirement, the first payment on your 60th birthday and the last payment on your 79th birthday. You open an investment account on your 25th birthday that promises to pay 9% interest compounded annually. You want to deposit equal annual amounts into the account every year on your birthday, starting today (your 25th birthday) and continuing until you are 40 years old (i.e., the last deposit is made on your 40th birthday). How much will each deposit have to be if you want to meet your financial goals?

Business

Which of the following accounts would tend to give you the higher interest combined with ease of access to your funds on a limited basis?

A) Checking account B) MMDA C) NOW account D) CD

Business