Assignment
Write a paper about the benefits of being a first mover, the response of a second mover, and the response/characteristics of a late mover. Include a discussion of customer loyalty and earning above average returns. Also discuss the effect of competitor response to returns earned.
Competitive dynamics can be expected in all external environments. Discuss the expected competitive dynamics among firms competing in slow-cycle markets, fast-cycle markets, and standard-cycle markets.
Discuss competitor behavior and competitive dynamics. Include a definitions of competitors and of competitive behavior.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.