Strategic groups consist of a group of
A) top executives that makes strategies for a company.
B) executives drawn from different companies within an industry that makes decisions on industry standards.
C) firms within an industry that decides to collude rather than compete with each other so that they can increase their profits.
D) firms within an industry that follows similar strategies.
Correct Answer:
Verified
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A) the final consumers
Q93: Because the Internet lowers barriers to entry
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