Question: When drawing a strategic group map one strategic variable and one financial variable should be used as axes for the map. it is important for

When drawing a strategic group map

one strategic variable and one financial variable should be used as axes for the map.

it is important for the variables used as axes to be highly correlated.

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.

it is important to use price as the variable for the vertical axis.

the primary objective is to determine which strategic groups are profitable and which are not.

When drawing a strategic group map one strategic variable and one

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