Which of the following statements is true about strategic groups?
A) It is not possible to have two different strategic groups within the same industry.
B) Rivalry within the same strategic group tends to be lower than rivalry between different strategic groups.
C) Profitability varies between different strategic groups.
D) Companies within the same strategic group are complementors to each other.

Question

Quizplus · Accepted Answer

Some strategic groups tend to be more profitable than others. This difference implies that firm performance is determined not only by the industry to which the firm belongs, but also by its strategic group membership.

Which of the Following Statements Is True About Strategic Groups