With the Aid of a Strategic Group Map,one Can

question 25

Multiple Choice

With the aid of a strategic group map,one can

• A) readily identify the entry and exit barriers for each strategic group.
• B) pinpoint precisely which firms are in profitable strategic groups and which are not.
• C) identify which competitive forces are strong and which are weak.
• D) measure accurately whether across-group rivalry is stronger than within-group rivalry or vice versa.
• E) often learn to what extent industry driving forces and competitive pressures favor some companies or groups and hurt others.

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Definitions:

Television in Politics

The use of television as a medium for politicians to communicate with the public, influence opinion, and conduct political campaigns.

Political Culture

The set of attitudes, beliefs, and sentiments which give order and form to a political process and which provide the underlying assumptions and rules that govern behavior in the political system.

Containment Strategy

A foreign policy strategy aimed at preventing the expansion of a hostile power or ideology, notably used by the United States during the Cold War to limit the spread of communism.

Korean War

A conflict between North Korea, with the support of China and the Soviet Union, and South Korea, with the principal support of the United States, fought from 1950-1953.