What factors affect the likelihood a firm


Discussion:

1. How do awareness, motivation, and ability affect the firm's competitive behavior?

2. What factors affect the likelihood a firm will take a competitive action?

3. What factors affect the likelihood a firm will initiate a competitive response to a competitor's action(s)?

4. What competitive dynamics can be expected among firms competing in slow-cycle markets? In fast-cycle markets? In standard-cycle markets?

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