Strategic Group

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Title: Strategic Group

Essay Details:

Subject: Miscellaneous

Author: Virginia F

Date: January 23, 2015

Level: University

Grade: A

Length: 2 / 378

Essay text:

He explained strategic groups in terms of what he called "mobility barriers". These are similar to the entry barriers that exist in industries, except they apply to groups within an industry. Because of these mobility barriers a company can get drawn into one strategic group or another. Strategic groups are not to be confused with Porter's generic strategies which are internal strategies and do not reflect the diversity of strategic styles within an industry. Originally, the analysis of intra-industry variations in the competitive behaviour and performance of firms was based primarily on the use of secondary financial and accounting data...

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