Illustrates the factors to manipulate the tempo of rivalry

Question

Illustrates the factors to manipulate the tempo of rivalry?

Answer 1

In general, industry members are practical in sketching upon their competitive store of weapons and deploying their organizational resources in a way calculated to strengthen their performance and market position.

a. Rivalry becomes more unstable and random as the diversity of competitors increases in provisions of visions, objectives, strategic intents, strategies, resources and countries of origin.

b. Rivalry increases when strong companies outside get weak firms in the industry and launch aggressive, well-funded moves to convert their newly acquired competitors into major market contenders.

c. A powerful, victorious competitive strategy employed by one company very much intensifies the competitive pressures on its rivals to build up effective strategic responses or be relegated to also-ran status.