Which of the Following Statements About Strategic Groups Is False

question 9

Multiple Choice

Which of the following statements about strategic groups is false?

• A) Two assumptions are made: (1) no two firms are totally different, and (2) no two firms are exactly the same.
• B) Strategic groupings are of little help to a firm in assessing mobility barriers that protect a group from attacks by other groups.
• C) Strategic groups help chart the future directions of firm strategies.
• D) Strategic groups are helpful in thinking through the implications of each industry trend for the group as a whole.

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Definitions:

Lower-Income Segment

A portion of the population or market characterized by lower earnings, often targeted by businesses offering more affordable products or services.

Developing Economies

Countries that are in the process of industrialization, with relatively low per capita income and seeking to improve their economic base.

Market-Creating Innovations

Innovations that establish new markets by solving unserved or underserved problems and fulfilling unmet needs.

Performance Innovations

Innovations aimed at enhancing the efficiency, productivity, or effectiveness of operations in organizations or systems.