Question

A strategic group consists of those firms in an industry that Group of answer choices employ similar competitive approaches and occupy similar positions in the market. are subject to the same driving forces. place about the same emphasis on each distribution channel. have similar size market shares. use the same key success factors to differentiate their products.

Answer 1

employ similar competitive approaches and occupy similar positions in the market.

Step-by-step explanation:

A strategic group means the set of the firms that should be within the industry that having same kind of strategy.

Also it employed the same kind of competitive approach due to this it occupied the same kind of position in the market

Therefore the first option is correct

Hence, the same is to be considered