Product Range Is Generally Not a Pertinent Dimension to Map

question 37

True/False

Product range is generally not a pertinent dimension to map strategic groups because most firms within an industry are multi-product organizations

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Definitions:

Mnemonic Device

A technique or strategy used to improve memory by making information easier to remember.

Implicit Memory

A type of memory in which previous experiences aid the performance of a task without conscious awareness of these previous experiences.

Semantic Memory

A type of long-term memory that involves the ability to remember meanings, concepts, facts, and general knowledge about the world.

Episodic Memory

The ability to remember specific events or episodes from one's life, including the contexts and emotions associated with them.