One of the things that can be gleaned from a strategic group map of industry rivals is
A) which rivals have been in business longer and thus have greater access to experience curve effects.
B) which rivals have newer manufacturing facilities.
C) which strategic groups have the highest profit margins and the highest customer switching costs.
D) whether profit prospects vary among strategic groups due to strengths and weaknesses in their respective market positions on the map (perhaps because competitive pressures are acting to favor some strategic groups and to disadvantage other groups).
E) which strategic groups are currently viewed as the most prestigious by customers and which companies are being shunned by customers because of high prices and relatively low product quality.

Question

Quizplus · Accepted Answer

A strategic group map can provide insights into how profit prospects vary among strategic groups due to their market positions on the map. This is because it allows for a visualization of how different companies are positioned in the industry based on factors such as price, quality, and differentiation, which can affect their competitiveness and profitability. This information can be useful for understanding how to position a company within the industry and for identifying potential areas of growth or innovation. Choices A, B, C, and E may be factors that contribute to a company's competitive position, but they are not necessarily the main insights that can be gleaned from a strategic group map.

One of the Things That Can Be Gleaned from a Strategic