strategic group


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strategic group

a group of firms within a MARKET or INDUSTRY which each pursue broadly similar policies in respect of product and market coverage, pricing, vertical integration etc. Thus, an industry may comprise a number of distinct groups of firms depending upon differences in their business strategies: for example, one strategic group in an industry might consist of suppliers who offer a full product range from basic to luxury items and sell nationally; other suppliers in the same industry might concentrate solely on luxury items and sell in a limited number of local markets. See MOBILITY BARRIER.

Strategic-group analysis is used by corporate planners as a means of positioning and repositioning a firm in a market, so as to establish COMPETITIVE ADVANTAGES over rival suppliers as well as to identify possible gaps in the market which might be exploited. See BUSINESS STRATEGY, COMPETITIVE STRATEGY.

strategic group

a set of firms within a MARKET that are similar to one another and different from firms outside the group. Firms within the strategic group will tend to sell similar products and/or serve the same MARKET SEGMENTS and may compete intensely with one another. However, they may not compete with firms in other strategic groups within the market which are selling different products or serving different market segments. Thus a market may consist not of a single set of sellers but a number of distinct non-competing groups. MOBILITY BARRIERS between strategic groups, like BARRIERS TO ENTRY into a market, serve to protect firms within a strategic group from entry by other firms into the market.
References in periodicals archive ?
Separately, Turkish Foreign Minister Mevlut Cavusoglu will be heading to Moscow on March 12 to attend the sub-group of UDIK's joint strategic group as well as attend the International Travel and Tourism Fair, Anadolu news agency reported.
Addressing the National Legislature Sunday evening, President Erdogan said that the two countries have signed a number of agreements during his current visit to Khartoum, decided to establish the joint strategic cooperation council and established the joint strategic group to discuss international issues.
WHO's position on the dengue vaccine was published in July 2016, based on recommendations of the strategic group of experts on [immunization] which met and published preliminary advice in mid-April 2016,' WHO said.
The WHO said in its statement released on Tuesday that its position paper released in July 2016 was 'based on recommendations of the strategic group of experts on immunization, which met and published preliminary advice in mid-April 2016'.
Our results show that, ceteris paribus, the best performing firms are those with high levels of conformity in multinationality to the strategic group peers as well as those with high levels of conformity to the market leader.
By analyzing its structure we intended to show that companies belonging to the same strategic group and following similar strategies get different results than other companies belonging to another strategic group (Rodriguez et al.
Killingsworth is a member of i4cp's Chief Learning and Talent Officer Board, a strategic group of 30+ functional heads who serve to address and guide their field.
Swerdlow will also play a key role on the Asia Pacific Strategic Group.
Members heard that a Strategic Group has been formed to create a 10-year plan to ensure the society is well placed to respond to future challenges.
17 April 2015 - Canadian property company Strategic Group has divested its Shift Networks subsidiary to Canadian IP telephony company Broad-Connect Telecom Inc.
Rhona also chairs Angus Self Management Network - a strategic group which includes representatives from all local peer support groups.
It makes substantial use of strategic group analysis, along with Wittfogel's hydraulic society hypothesis.

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