Question: 5-1 Define competitors, competitive rivalry, competitive behavior, and competitive dynamics, 5-2 Describe market commonality and resource similarity as the building blocks of a competitor analysis.

5-1 Define competitors, competitive rivalry, competitive behavior, and competitive dynamics, 5-2 Describe market commonality and resource similarity as the building blocks of a competitor analysis. 5-3 Explain awareness, motivation, and ability as drivers of competitive behavior. 5-4 Describe how strategic actions and tactical actions drive competitive rivalry between firms. 5-5 Discuss factors affecting the likelihood a firm will take actions to attack its competitors. 5-6 Explain factors affecting the likelihood a firm will respond to actions its competitors take. 5-7 Explain competitive dynamics in slow-cycle, fast-cycle, and standard-cycle markets

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