What are competitive dynamics and how does this explain why strategies evolve in response to actions of close competitors?
What will be an ideal response?
Competitive dynamics involves the intense rivalry, involving actions and responses, among similar competitors vying for the same customers in a marketplace. New entrants may be forced to change their strategies or develop new ones to survive competitive challenges by incumbent rivals. New entry is among the most common reasons why a cycle of competitive actions and reactions gets started. It might also occur because of threatening actions among existing competitors, such as aggressive cost cutting. Studying competitive dynamics helps explain why strategies evolve and reveals how, why, and when to respond to the actions of close competitors.
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The typical activities of project oversight cover two dimensions. Project selection and portfolio management are typical activities at the ________ level of project oversight.
Fill in the blank(s) with the appropriate word(s).
Elmore purchases goods from Grady, and Elmore executes and delivers a negotiable note to Grady for $1,200, payable to Grady's order in 30 days. Two weeks later, Grady negotiates the note to McDaniel. Which of the following is true?
a. McDaniel is required to notify Elmore that he acquired the note. b. If the goods are defective, Elmore's defense will necessarily be available against McDaniel. c. Whether Elmore's defense is available against McDaniel will depend on whether McDaniel acquired the note in good faith and for value, had no knowledge of the defense, and took the note without reason to question its authenticity. d. McDaniel can acquire no greater rights than Grady had in the note.
According to the text,
A. micro-marketing often costs too much. B. macro-marketing costs too much in the United States, given the current objective of the economy. C. all macro-marketing systems cost too much. D. micro-marketing always costs too much. E. marketing never costs too much.
If a jury finds there is comparative negligence in a tort case, which of the following happens:
a. damages are not allowed to be awarded b. part of the injury is held to be the defendant's fault c. the defendant is relieved of any fault d. the judge issues a judgment notwithstanding the verdict e. none of the other choices