What factors affect the likelihood a firm will initiate a competitive response to a competitor’s action(s)?
Answer to relevant QuestionsWhat competitive dynamics can be expected among firms competing in slow-cycle markets? In fast-cycle markets? In standard-cycle markets? What strategic actions may occur as a result of your answer to question #4? What incentives and resources encourage diversification? What are the attributes associated with a successful acquisition strategy? What are the three international corporate-level strategies? What are the advantages and disadvantages associated with these individual strategies?
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