From beginner to expert, IDNLearn.com has answers for everyone. Get prompt and accurate answers to your questions from our experts who are always ready to help.

In this module you learned how an industry can be disaggregated into strategic groups. (An example is given in your text in section 3.8). Firms within a group generally experience:
a) less competitive rivalry than outside their strategic group
b) more competitive rivalry than outside their strategic group
c) the same level of competitive rivalry than firms in other strategic groups d) no competitive rivalry because they are substitutes