A strategic group will typically include
A) firms within the same industry.
B) customers belonging to a particular socioeconomic class.
C) firms employing similar number of employees, irrespective of their industries.
D) employees within a firm earning the same amount in salary.

Question

Quizplus · Accepted Answer

A strategic group is a set of companies that pursue a similar strategy within a specific industry in their quest for competitive advantage.

A Strategic Group Will Typically Include