_{6 In a situational analysis, a strategic group is a}

question 89

Multiple Choice

_{6. In a situational analysis, a strategic group is a group of that top managers choose for comparing,}
Evaluating, and benchmarking their company's strategic threats and opportunities.

• A) non-industry-specific companies
• B) expert managers
• C) trade journals and other relevant periodicals
• D) other firms within an industry
• E) consulting firms that use the Delphi technique

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Definitions:

External Costs

Costs that are not borne by the parties involved in an economic transaction but are instead imposed on others or society.

Government Activities

Actions and operations conducted by the government including lawmaking, regulation, and public services.

Externality Rights

The rights pertaining to external effects of transactions, that affect third parties not directly involved in the economic transaction.

Government Imposed Taxes

Charges levied by the government on individuals, goods, services, or transactions to fund public expenditures.