Question

Firms within strategic groups

a. follow dissimilar strategies.
b. follow similar strategies across certain dimensions.
c. typically engage in greater amounts of intergroup rivalry than intragroup rivalry.
d. exist almost exclusively in the manufacturing sector.

Answer 1

Firms within strategic groups follow similar strategies across certain dimensions.

Step-by-step explanation:

Firms within strategic groups follow similar strategies across certain dimensions. They are characterized by firms that compete against each other within the same industry and have similar product offerings, target markets, and business models. However, they may also differentiate themselves through other factors such as pricing, distribution channels, or customer service.