Within an industry, each strategic group may face a different set of opportunities and threats.

Question

Quizplus · Accepted Answer

This statement is true. Different strategic groups within the same industry may have different strengths, weaknesses, opportunities, and threats based on factors such as target market, product offerings, distribution channels, and competitive landscape. Therefore, each group may have unique opportunities and threats to consider in their strategic decision-making.

Within an Industry, Each Strategic Group May Face a Different