Question: Three factors affect the likelihood that a competitor will take competitive actions. Write a paper about the benefits of being a first-mover, the response of

Three factors affect the likelihood that a competitor will take competitive actions. Write a paper about the benefits of being a first-mover, the response of a second-mover, and the response/characteristics of the late-mover. Include a discussion of customer loyalty and earning above-average returns. Also, discuss the effect of competitor response to returns earned

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