Which of the Following Is NOT an Appropriate Guideline for Developing

question 1

Multiple Choice

Which of the following is NOT an appropriate guideline for developing a strategic group map for a given industry?

• A) The variables chosen as axes for the map should indicate important differences among rival approaches.
• B) The variables chosen as axes for the map don't have to be either quantitative or continuous. They can be discrete variables.
• C) The variables chosen as axes for the map should be highly correlated.
• D) Several maps should be drawn if more than one pair of variables give different exposures to the competitive positioning relationships present in the industry structure.
• E) The sizes of the circles on the map should be drawn proportional to the combined sales of the firms in each strategic group.

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Definitions:

Ruble

The Ruble is the official currency of Russia, historically subject to fluctuations and significant changes over time.

Current Account Surplus

A current account surplus occurs when a country's total exports of goods, services, and transfers exceed its total imports, indicating it is earning more from foreign trade than it is spending.

Unilateral Tariff

Tariffs imposed by one country on the imports from all or specific nations, without reciprocal action.

Imported Goods

are items brought into a country from abroad for sale or use, typically involving a transaction between an importer and a foreign producer.