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BUSA 4980 Chapter 5 Exam with Questions and Answers, Exams of Business Administration

BUSA 4980 Chapter 5 Exam with Questions and Answers competitors engage in ? ANSWER Competitive rivalry why do competitors engage in competitive rivalry? ANSWER to gain an advantageous market position how do competitors engage in competitive rivalry? ANSWER through competitive behavior what are the results of competitive rivalry? ANSWER competitive dynamics are firms competing in the same market, offering similar products, and targeting similar customers. ANSWER competitors is the ongoing set of competitive actions and competitive responses occurring between competitors as they compete against each other for an advantageous market position ANSWER Competitive rivalry The outcomes of competitive rivalry influence the firm's ? ANSWER ability to sustain its competitive advantages as well as the level (average, below-average, or above-average) of its financial returns For the individual firm, the set of competitive actions and responses it takes while engaged in competitive rivalry

Typology: Exams

2024/2025

Available from 01/01/2025

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BUSA 4980 Chapter 5 Exam with Questions and Answers competitors engage in ? ANSWER Competitive rivalry why do competitors engage in competitive rivalry? ANSWER to gain an advantageous market position how do competitors engage in competitive rivalry? ANSWER through competitive behavior what are the results of competitive rivalry? ANSWER competitive dynamics are firms competing in the same market, offering similar products, and targeting similar customers. ANSWER competitors is the ongoing set of competitive actions and competitive responses occurring between competitors as they compete against cach other for an advantageous market position ANSWER Competitive rivalry The outcomes of competitive rivalry influence the firm's ? ANSWER ability to sustain its competitive advantages as well as the level (average, below-average, or above-average) of its financial returns For the individual firm, the set of competitive actions and responses it takes while engaged in competitive rivalry is called ANSWER competitive behavior is the sel of actions taken by all firms that are competitors within a particular market. ANSWER Competitive dynamics