Question: When drawing a strategic group map a ) it is important to use price as the variable for the vertical axis. b ) the best
When drawing a strategic group map
a it is important to use price as the variable for the vertical axis.
b the best variables to use as axes for the map are those that identify the competitive characteristics that delineate strategic approaches used in the industry.
c the primary objective is to determine which strategic groups are profitable and which are not.
d it is important for the variables used as axes to be highly correlated.
e one strategic variable and one financial variable should be used as axes for the map.
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