Which of the following statements is true about strategic groups?

A. Profitability varies between different strategic groups.
B. It is not possible to have two different strategic groups within the same industry.
C. Rivalry within the same strategic group tends to be lower than rivalry between different strategic groups.
D. Companies within the same strategic group are complementors to each other.


Answer: A

Business

You might also like to view...

Which of the following is not a suggested strategy for reducing unhealthy stressors in organizations?   

A. Rollout employee assistance programs. B. Recommend a holistic wellness approach. C. Develop a more formal structure with authoritative supervision. D. Make jobs interesting. E. Make career counseling available.

Business

Which of the following describes effectively matching your speech patterns to speak with those you like?

A. communication accommodation B. communication convergence C. conversation subvergence D. effective communication

Business

Answer the following statements true (T) or false (F)

1) The accounts receivable turnover ratio indicates whether a company could pay all its current liabilities if they were to become due immediately. 2) The accounts receivable turnover ratio is computed by dividing net credit sales by ending net accounts receivable. 3) The number of times a company collects the average accounts receivable balance in a year is known as the accounts receivable turnover ratio. 4) Days' sales in receivables is also called the collection period. 5 The days' sales in receivables indicates the number of days it takes to collect the average level of accounts receivable.

Business

Brent and Leigh have been haggling for a long time and each of them are getting frustrated. The rep agrees to let Leigh have a small percentage off the price, but she does not feel it is enough. Eventually, they both give up something in order to agree on a price, but neither is satisfied with the outcome. This scenario illustrates which concept below?

a. Distributive bargaining b. Dissemination bargaining c. Assimilative bargaining d. Integrative bargaining

Business