Classifying an Industry into Strategic Groups Involves Judgment

question 1

Multiple Choice

Classifying an industry into strategic groups involves judgment.If it is useful as an analytical tool,we must exercise caution in deciding what dimensions to use to map these firms.Dimensions include all of the following except

• A) breadth of product and geographic scope.
• B) price and quality.
• C) degree of vertical integration.
• D) management team.

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Definitions:

Cell Junctions

Specialized structures in cells that connect them to one another, enabling communication and the formation of tissue structures.

Cell Layers

Stacked tiers of cells that form tissues in organisms, each having specific functions and structures.

General Shape

A term referring to the basic geometric or visual form of an object.

Simple Squamous Epithelium

A single layer of flat cells lining surfaces involved in diffusion and filtration, such as blood vessels and air sacs of lungs.