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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 35 / 9750 | 
                
    
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Characteristics of the industry--not the firm--are viewed as the primary influences on firm performance (see also Barney, 1986c). More recently, Bain and Mason's basic structure-conduct-performance model has been posited as most appropriate for industries with uncomplicated group structures, high concentration, and relatively homogeneous firms (Seth & Thomas, 1994)...
        
        
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As a result, the strategic group level of analysis was proposed as a compromise between the deterministic, industry level of analysis proposed and developed by industrial organizational economics and the firm or business level of analysis of interest to strategic management researchers (Hergert, 1983; Hunt, 1972; Porter, 1981)...
        
        
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                                    A Business Strategy Typology for the New Economy:IO view,Resource Based View Etc...
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