Competitive dynamics refers to the:
A) Circumstances in which competitors are aware of the degree of their mutual interdependence resulting from market commonality and resource similarity
B) Set of competitive actions and competitive responses the firm takes to build or defend its competitive advantages and to improve its market position
C) Total set of actions and responses taken by all firms competing within a market
D) Ongoing set of competitive actions and competitive responses between competitors as they maneuver for advantageous market position
Correct Answer:
Verified
Q30: A competitive action can be one of
Q31: Competitive rivalry has the most effect on
Q32: A second mover:
A) Is typically ineffective in
Q33: On the whole there are more competitive
Q35: Offensive competitive tactics include:
A) Threat of retaliation
B)
Q36: Multimarket competition occurs when firms:
A) Sell different
Q37: A strategy in which firms work together
Q39: First movers are:
A) Entrepreneurs who lead in
Q41: In general, small firms are more likely
Q79: Which of the following statements is false?
A)
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