The Concept of Strategic Groups Suggests That

question 13

Multiple Choice

The concept of strategic groups suggests that

• A) a company's major competitors are those in other groups.
• B) companies within a strategic group all have the same rate of return.
• C) it is easier for a company to move between groups than within a group.
• D) different strategic groups can have different standings with respect to each of Porter's five competitive forces.
• E) each company in the group pursues a unique basic strategy.

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Article 2

A specific portion of the Uniform Commercial Code that governs the sale of goods in the United States.

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The Uniform Commercial Code represents a detailed collection of statutes that regulate business dealings across the United States.