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Select Two Firms in the Automobile Industry That Would Be

question 21

Essay

Select two firms in the automobile industry that would be in different strategic groups.Explain what is different about their groups.


Definitions:

Credible Source

An entity or individual recognized for providing reliable and accurate information or data.

Persuasive

Persuasive pertains to the ability to compel or influence others' thoughts, beliefs, or actions through argument, reasoning, or appeal.

High Performance Risk

The potential for loss or adverse outcomes when purchasing high-end products or services that do not meet expectations for performance.

Utilitarian Products

Goods that are primarily bought and used for their practicality and function rather than their aesthetic or luxury attributes.

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