with Guaranteed Pass Solutions 2026
Updated.
Competitive rivalry - Answer competitors engage in ?
to gain an advantageous market position - Answer why do competitors engage in
competitive rivalry?
through competitive behavior - Answer how do competitors engage in competitive rivalry?
competitive dynamics - Answer what are the results of competitive rivalry?
competitors - Answer are firms competing in the same market, offering similar products, and
targeting similar customers.
Competitive rivalry - Answer is the ongoing set of competitive actions and competitive
responses occurring between competitors as they compete against each other for an
advantageous market position
ability to sustain its competitive advantages as well as the level (average, below-average, or
above-average) of its financial returns - Answer The outcomes of competitive rivalry
influence the firm's ?
competitive behavior - Answer For the individual firm, the set of competitive actions and
responses it takes while engaged in competitive rivalry is called
Competitive dynamics - Answer is the set of actions taken by all firms that are competitors
within a particular market.
multimarket competition - Answer firms competing against each other in several product or
geographic markets are engaged in ?
competitive rivalry - Answer has the strongest influence on the firm's business-level
, -how well the firm anticipates and responds to its competitors' initial actions - Answer
success of a strategy is determined by: (3)
competitive rivalry - Answer affects all types of strategies
competitor analysis - Answer used to help a firm understand its competitors by studying
their future objectives, strategies, assumptions, and capabilities
Market commonality - Answer refers to the number of markets with which competitors are
jointly involved and their importance to each
Resource similarity - Answer refers to how comparable competitors' resources are in terms
of type and amount.
market commonality and resource similarity - Answer the building blocks of a competitor
analysis because they are foundational to this understanding (2)
prediction - Answer understanding precedes
acknowledge that they are direct competitors - Answer in general, the greater the market
commonality and resource similarity, the more firms ?
awareness, motivation, and ability - Answer market commonality and resource similarity
shape the firm's ? , ?, and ?
awareness - Answer the degree to which it and its competitors understand their mutual
interdependence
motivation - Answer the firm's incentive to attack or respond
ability - Answer the quality of the resources available to the firm to attack and respond
awareness, motivation, and ability - Answer what are the 3 drives of competitive behavior