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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
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