Which of the following firms would likely pose the least competitive threat? a. a firm in the same industry and in the same strategic group b. a firm in the same industry and in the nearest strategic group looking to join your group c. a competitor to your product where a high switching cost exists firm that produces substitute goods to your product line

Question

Molly Holloway

Business

20 February, 15:26

Which of the following firms would likely pose the least competitive threat? a. a firm in the same industry and in the same strategic group b. a firm in the same industry and in the nearest strategic group looking to join your group c. a competitor to your product where a high switching cost exists firm that produces substitute goods to your product line

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Answers (1)

Know the Answer?

Jamal Trevino · Answer 1

a firm in the same industry and in the nearest strategic group looking to join your group

Explanation:

A less competitive threat would be a company that does not yet have the same industry group as mine, as it is not an expert and knowledge that my company has. To do this, it must be specified to become competitive, which will take a long time before this company can be close to my technology.