asked 77.1k views
3 votes
The strategic groups in the world-wide automobile industry have been very stable and unchanging in recent years.?

a)True
b)False

asked
User Unnati
by
8.0k points

1 Answer

3 votes

Final answer:

The strategic groups in the world-wide automobile industry have not been stable and unchanging in recent years.

Step-by-step explanation:

The statement that the strategic groups in the world-wide automobile industry have been very stable and unchanging in recent years is false. Globalization has significantly changed the automobile industry, leading to increased competition and the emergence of new players in the market. In the past, three companies - General Motors, Ford, and Chrysler - dominated the U.S. auto market, but today they face competition from well-known manufacturers such as Toyota, Honda, Nissan, Volkswagen, Mitsubishi, and Mazda.

answered
User Chengjiong
by
8.8k points
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