A strategic group is the group of firms in an industry following the same or a similar strategy” (Porter, 1980, p. 129). Describe and critically evaluate a tool that can be used to identify and analyse strategic groups, using appropriate literature

A strategic group is the group of firms in an industry following the same or a similar strategy” (Porter, 1980, p. 129). Describe and critically evaluate a tool that can be used to identify and analyse strategic groups, using appropriate literature

Principles of Microeconomics (MindTap Course List)

8th Edition

ISBN:9781305971493

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Oligopoly

Section: Chapter Questions

Problem 5PA

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“A strategic group is the group of firms in an industry following
the same or a similar strategy” (Porter, 1980, p. 129). Describe
and critically evaluate a tool that can be used to identify and
analyse strategic groups, using appropriate literature.

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