Questions from Strategic Management


Q: Who are competitors? How is competitive rivalry, competitive behavior,

Who are competitors? How is competitive rivalry, competitive behavior, and competitive dynamics defined in the chapter?

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Q: What is market commonality? What is resource similarity? What does

What is market commonality? What is resource similarity? What does it mean to say that these concepts are the building blocks for a competitor analysis?

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Q: How do awareness, motivation, and ability affect the firm’s competitive

How do awareness, motivation, and ability affect the firm’s competitive behavior?

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Q: What factors affect the likelihood a firm will take a competitive action

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

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Q: What factors affect the likelihood a firm will initiate a competitive response

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

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Q: What does it mean to be “stuck in the middle”

What does it mean to be “stuck in the middle” between two strategies (i.e., between low cost and differentiation strategies)?

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Q: What are two important issues that can potentially affect a firm’s ability

What are two important issues that can potentially affect a firm’s ability to successfully use international strategies?

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Q: What incentives influence firms to use international strategies?

What incentives influence firms to use international strategies?

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Q: What are the three basic benefits firms can achieve by successfully using

What are the three basic benefits firms can achieve by successfully using an international strategy?

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Q: What four factors are determinants of national advantage and serve as a

What four factors are determinants of national advantage and serve as a basis for international business-level strategies?

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