One of the Things That Can Be Gleaned from a Strategic

question 31

Multiple Choice

One of the things that can be gleaned from a strategic group map of industry rivals is

• A)which rivals have been in business longer and thus have greater access to experience curve effects.
• B)which rivals have newer manufacturing facilities and thus have achieved greater product quality.
• C)which strategic groups have the highest profit margins and the highest customer switching costs and thus represent key operating characteristics.
• D)that some strategic groups are more favorably positioned than others because they confront weaker competitive forces and/or because they are more favorably impacted by industry driving forces.
• E)which strategic groups are currently being shunned by customers because of high prices and relatively low product quality.

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Definitions:

Atlantic Slave Trade

The transatlantic trading patterns which were established from the 16th through the 19th centuries, which transported millions of Africans to the Americas as slaves.

Southern Ohio

A region in the United States characterized by its geographical location within the state of Ohio, often noting its distinct cultural and historical features.

New England Settlers

Refers to the early colonists and immigrants who established the first English colonies in the northeastern part of what is now the United States.