What is market commonality? What is resource similarity? What does it mean to say that these concepts are the building blocks for a competitor analysis?
Answer to relevant QuestionsHow do awareness, motivation, and ability affect the firm’s competitive behavior? What kind of competitive dynamics might you expect from Hyundai and other automakers? What are three reasons firms choose to diversify their operations? Why are merger and acquisition strategies popular in many firms competing in the global economy? What incentives influence firms to use international strategies?
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