Ask Question
6 July, 13:11

What is a strategic group? A. A group of firms in different industries that follow similar strategies B. A group of firms in an industry following the same or a similar strategy in a given target market C. A group of firms in an industry following different strategies D. A group of firms that do not compete with each other E. A group of firms that target different markets with different strategies

+5
Answers (1)
  1. 6 July, 14:59
    0
    B. A group of firms in an industry following the same or a similar strategy in a given target market

    Explanation:

    Strategy group is a terminology used in business management to refer to specific group of people who are responsible for designing and formulating policies and business forecast aimed at creating sustainability in an industry.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is a strategic group? A. A group of firms in different industries that follow similar strategies B. A group of firms in an industry ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers