GUIDELINES: STRATEGICGROUP MAPS
GUIDELINES: STRATEGICGROUP MAPS
- Variables selected as axes should NOT be highly correlated
- Variables chosen as axes should expose BIG differences in how rivals compete
- Variables do NOT have to be either quantitative or continuous
- Drawing sizes of circles proportional to combined sales of firms in each strategic group allows map to reflect relative sizes of each strategic group
- If more than two good competitive variables can be used, several maps can be drawn