Question: I cant understand how a firm utilizes the pair-wise advantage to analyze the interdependence among rivals. What does the interdependence means? Does it mean competition
I cant understand how a firm utilizes the pair-wise advantage to analyze the interdependence among rivals. What does the interdependence means? Does it mean competition and substitutes, or cooperation and complements? In addition, how does the degree of market commonality influence the competitive dynamics analysis?
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