Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Second Short Paper-P...
There have been a lot of debates on finding the answer of the attitudes that are required for genocide to occur. It can be said that genocide occurs with priming conditions that provide a context whic...

Second Short Paper
Second Short Paper

There have been a lot of debates on finding the an

Week 2 Discussion_16...
My experience in writing can be divided into two phases: the first, before learning about the writing process; and the second, after learning these steps. Before learning about the writing process, I...

Week 2 Discussion
Week 2 Discussion

My experience in writing can be divided into two p

Reflection Week 7_16...
The interesting things I discover this week are the unique challenges of transnational organized crime. I have realized how the global economy has become a part of our lives and so does the crime take...

Reflection Week 7
Reflection Week 7

The interesting things I discover this week are th

Week 2 Learning Activity 2

Week 2 Learning Activity 2

Q What is a strategic group (in terms of the Porter concept of Strategic Group Map)? Can you illustrate a strategic group in a large consumer industry, such as automobiles, or soft drinks, or cell phones? This is not an easy activity, and you may need to search on line for some examples of strategic group maps. Please note that you should pay particular attention to the two dimensions (vertical axis and horizontal axis) that make up each map.

View Related Questions

Solution Preview

View Complete Solution
A strategic group implies that there will be a formation of companies possessing similar strategic models. In other words, the companies which combine together in a group will combine different types of strategies and strategic models which will be combined in a manner in which all the strategies will always be observed to emerge from the chosen similar models. The companies will also be from a particular industry and not from different industries (Strategic Management, 2014).