A Group of Firms in an Industry Following the Same

question 37

True/False

A group of firms in an industry following the same or a similar strategy in a given target market is known as a strategic group.

---

Definitions:

Global warming

The gradual increase in Earth's average surface temperature, primarily due to the emissions of greenhouse gases from human activities.

Adaptation

The process of modifying to meet new, changing, or different conditions.

Canadian Institutes of Health Research (CIHR)

Canada's federal funding agency for health research, supporting the creation of new knowledge and its application to improve health, health care, and economic outcomes.