Strategic groups are organisations within the same industry or sector with similar strategic characteristics, following similar strategies or competing on similar bases. These characteristics are different from those in other strategic groups in the same industry or sector and can be used to;

Question $4$Select one:

a$.$

understand competition, analyse strategic opportunities and analyse mobility barriers

b$.$

identify Exploiters, Explorers and Outsourcers

c$.$

determine the extent of product diversification and the variation in customer needs

d$.$

all of the above