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 ?
The importance of the strategic group concept within the competitive analysis of an industry or of a sector is undoubtedly high.
It remains unclear what is meant by corridor structure' as it happens, a strategic group will look into this question, and its results are expected in the course of the first semester of 2008 but it should be a structure that brings together all the actors that have a stake in an international rail corridor, including member state representatives, managers of infrastructure and rail companies that use them.
Table 3 MANOVA and ANOVA Results for Individual Performance Measures Performance Measure Operating Return on Profit Per Year Margin Assets Patient Day 1983 Strategic Group 6.66 *** 6.51 *** 6.60 *** Ownership Status 16.16 *** .49 20.66 *** Location 2.06 .06 5.30 * Overall F 7.27 *** 4.95 *** 8.20 1988 Strategic Group 14.42 *** 9.35 *** 15.06 *** Ownership Status 1.14 5.16 * 1.45 Location 1.76 .13 1.08 Overall F 11.18 *** 7.68 *** 11.61 *** 1993 Strategic Group 3.50 ** 4.91 ** 3.90 ** Ownership Status .57 .12 .21 Location 5.38 * 5.89 * 3.89 (+) Overall F 3.37 ** 4.43 *** 3.44 ** (+) p < .10; * p < .05; ** p < .01; *** p < .001.
Co-sponsored by the Early Childhood Strategic Group and Quality New York, the event was meant to both update providers and advocates on new policy developments and to spark dialogue and conversation on how new policy directions might play out for parents, providers and the public at large.
Birmingham's cabinet member for education, Coun Les Lawrence, will chair a strategic group, focusing on issues such as residential and respite care and health and medical needs.
As strategic group assessments identified clusters of businesses employing similar strategies, researchers began to categorize similarities within the strategic groups across studies.
The Minister on the occasion, recommended constitution of core strategic group and high level dialogue groups comprising of officials of Local Government and international donors.
Details of a four-year, PS2 million contract for air services will be revealed at the Argyll Islands Strategic Group on Thursday.
The Brexit Strategic Group, composed of senior officials and chaired by the Deputy Chief Minister Dr Joseph Garcia has now reconvened in order to review the state of readiness and the updated planning.
He said a media strategic group had been formed to highlight the achievements of the Mohtasib.
Puerto Rico-based private equity firm The Strategic Group, P.R.
28 December 2018 - Puerto Rico-based private equity firm The Strategic Group, P.R.

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