The dynamic perspective is useful as a tool for examining industries in which firms tend to encounter the same competitors in multiple markets.

Question

Quizplus · Accepted Answer

The dynamic perspective emphasizes how firms compete over time and can be useful for analyzing industries where firms face similar competitors across multiple markets. This approach focuses on factors such as technological innovation, shifting customer preferences, and changes in industry structure that can lead to competitive advantage or disadvantage over time.

The Dynamic Perspective Is Useful as a Tool for Examining