Understanding the forces of competition that exist within a market is critical to developing a successful strategy. By understanding the patterns of competitive moves we are better able to predict how competitors will respond to any strategy we seek to im
business
Description
Understanding the forces of competition that exist within a market is critical to developing a successful strategy. By understanding the patterns of competitive moves we are better able to predict how competitors will respond to any strategy we seek to implement. The rivalry that occurs between firms over time helps to shape the competitive dynamics in the industry.The focus of this discussion board is competitive dynamics.For this discussion board you should outline and discuss one (1) factor that influences the likelihood of attack and one (1) factor that influences the likelihood of response to competitive action. You should use an example to support you posting.
