Defend or refute the statement: "Strategic groups do not impact competitive rivalry within an industry."
What will be an ideal response?
This statement is incorrect. Firms in the same strategic group tend to follow a similar strategy. Companies in the same strategic group, therefore, are direct competitors. The rivalry among firms of the same strategic group is generally more intense than the rivalry between strategic groups: intra-group rivalry exceeds inter-group rivalry. The number of different business strategies pursued within an industry determines the number of strategic groups in that industry.
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Salespeople write up their completed activities in a(n) ________
A) sales quota report B) profit-sharing plan C) call plan D) call report E) expense report
The communication process is incomplete without a response
Indicate whether the statement is true or false
Sales experts have identified five key personal traits that are often found in successful salespeople. List and define these five traits.
What will be an ideal response?
Which of the following statements about the security market line (SML) and investor's risk aversion is correct?
A. The steeper the slope of the line, the lower the average investor's risk aversion, and thus the greater the return investors require as compensation for risk. B. The steeper the slope of the line, the greater the average investor's risk aversion, and thus the greater the return investors require as compensation for risk. C. The steeper the slope of the line, the lower the average investor's risk aversion, and thus the lower the return investors require as compensation for risk. D. The steeper the slope of the line, the greater the average investor's risk aversion, and thus the lower the return investors require as compensation for risk. E. The less steep the slope of the line, the greater the average investor's risk aversion, and thus the lower the return investors require as compensation for risk.