Which of the Following Statements About Strategic Groups Is False

question 9

Multiple Choice

Which of the following statements about strategic groups is false?

• A) Two assumptions are made: (1) no two firms are totally different, and (2) no two firms are exactly the same.
• B) Strategic groupings are of little help to a firm in assessing mobility barriers that protect a group from attacks by other groups.
• C) Strategic groups help chart the future directions of firm strategies.
• D) Strategic groups are helpful in thinking through the implications of each industry trend for the group as a whole.

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Definitions:

Number of Houses Sold

A real estate metric that refers to the total count of residential dwellings sold during a specific time period.

Correlation

A statistical measure that describes the extent to which two variables change together.

Causation

The relationship between two variables where a change in one directly results in a change in the other.

Relationship

A connection or association between two or more elements, typically emphasizing how they affect each other.