Define strategic Group
Define the term strategic Group?
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Strategic group is defined as the set of business units or the firms which pursue the similar strategies with the similar resources. Classifying the firms within an industry into a set of strategic groups is extremely useful for proper understanding of the competitive environment. Since the structure and culture of the corporation’s reflect the types of strategies the organization follows. Companies or Business units belonging to the certain strategic group within the same industry tend to be tough rivals and tend be more similar to one another rather than to the competitors in other strategic group within the same industry.
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What are the value match-ups of LVMH's diversification into luxury goods? What are the opportunities for skills transfer, cost sharing, brand sharing?
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Dear Tutors Globe Team, Please note that the case has been translated from French to English and if certain sentences are not clear please try to search on the internet. Sorry for the inconvenience. I would like to also add that this is my 3rd assignment through your website. I hope that i ca
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Here are the two questions for a follow on discussion. Please read attachment for details. Here are two questions altogether. Requirement: 1. For each answer about 150 words, so in total around 300 words. 2. Need real time example & academic citation / reference 3. reference style must be Harv
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