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

  • Define competitors, competitive rivalry, competitive behavior, and competitive dynamics.
  • Describe market commonality and resource similarity as the building blocks of a competitor analysis.
  • Explain awareness, motivation, and ability as drivers of competitive behavior.
  • Discuss factors affecting the likelihood a competitor will take competitive actions.
  • Describe factors affecting the likelihood a competitor will respond to actions taken by its competitors.
  • Explain competitive dynamics in slow-cycle, in fast-cycle, and in standard-cycle markets.

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