[solved] The term strategic group refers to

those members of an industry that confront the same types of competitive pressures and are combating the same kinds of driving forces.

those industry rivals that are charging about the same prices for their products/services.

a cluster of industry rivals that employ similar competitive approaches, have product offerings that appeal to similar types of buyers, and thus occupy similar market positions.

those industry rivals whose products are of very similar quality.

a cluster of industry rivals that have differentiated their product offerings in essentially identical ways.

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11-09-22 | 17:43:31

a cluster of industry rivals

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