Question: Describe Competitive response . How does it affect competition between firms? how does it impact the overall business and industry? example? Describe Tactical action .

Describe Competitive response. How does it affect competition between firms? how does it impact the overall business and industry? example?

Describe Tactical action. How is it used for competition and strategy? How does it impact the corporation implementing it? example?

Describe First mover. How does it relate to competitive advantage? Is there any benefits? example?

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