One of the Things That Can Be Gleaned from a Strategic

question 38

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.
• C) which strategic groups have the highest profit margins and the highest customer switching costs.
• D) whether profit prospects vary among strategic groups due to strengths and weaknesses in their respective market positions on the map (perhaps because competitive pressures are acting to favor some strategic groups and to disadvantage other groups).
• E) which strategic groups are currently viewed as the most prestigious by customers and which companies are being shunned by customers because of high prices and relatively low product quality.

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Definitions:

Motor Defined Input

Specific inputs, like voltage and current types, defined by a motor's design for optimal performance.

Magnetic Motor Starters

A type of motor starter that uses an electromagnetic coil to operate the motor's on/off control mechanism.

Output Relays

Devices that receive signals from control systems and switch on or off, controlling the flow of electricity to an output device.

Operating Parameter

A variable or condition that defines the operation of a system or device, such as temperature, pressure, or voltage, that needs to be maintained within specified limits.