The competition within each strategic group is: a. typically very low. b. more intense than the competition between different strategic groups. c. less intense than the competition between different strategic groups. d. an unknown factor in the analysis of competitive practices within a firm's strategic group.

Question

05-02-2020
Business

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The competition within each strategic group is: a. typically very low. b. more intense than the competition between different strategic groups. c. less intense than the competition between different strategic groups. d. an unknown factor in the analysis of competitive practices within a firm's strategic group.

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osondumartins osondumartins · Answer 1 · 2020-02-05T05:06:36+01:00

Answer:B. more intense than the competition between different strategic groups.

Explanation: Competition is a rivalry between two or more group of people or organizations or business entities with the sole aim of maintaining a good market share,a good profits etc

Competition can be within a strategic group or between strategic groups. Competition within strategic group is a rivalry that takes place between business entities that produce similar product or who are within an industry,this type is more intense than between strategic groups( Organisations of different industry).