Not All Positions on a Strategic Group Map Are Equally

question 124

Multiple Choice

Not all positions on a strategic group map are equally attractive because

• A)small strategic groups are always less profitable than large strategic groups.
• B)entry and exit barriers are different for each strategic group.
• C)across-group rivalry is always weakest at the outer edge of the strategic group map.
• D)industry-driving forces and competitive pressures favor some groups and disadvantage others.
• E)key success factors are substantially different for differently positioned industry participants.

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Definitions:

Management Process

A systematic approach involving planning, organizing, leading, and controlling an organization's resources to achieve specific goals.

Organizational Objectives

Organizational objectives are specific, measurable, achievable, relevant, and time-bound goals that an organization aims to achieve to fulfill its mission.

Manage People

The practice of leading, motivating, and directing employees to achieve organizational goals.

Personal Values

The fundamental beliefs and principles that guide an individual's behavior and decision-making process.