Competitive rivalry is the ongoing set of competitive actions and competitive responses that occur among firms as they maneuver for an advantageous market position.

Name: Competitive rivalry is the ongoing set of competitive actions and competitive responses that occur among firms as they maneuver for an advantageous market position.
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Question

Quizplus · Accepted Answer

Competitive rivalry involves firms continuously engaging in strategic actions and reactions to gain or maintain a favorable position in the market.

Competitive Rivalry Is the Ongoing Set of Competitive Actions and Competitive