What type of effect describes the competitive side effects of the commitment that alter the tactical decisions of rivals and,ultimately,the market equilibrium?
A)Tactical effect
B)Financial effect
C)Direct effect
D)Strategic effect
E)Indirect effect

Question

Quizplus · Accepted Answer

The strategic effect refers to the impact that a firm's commitment has on the actions of its competitors, leading to changes in market equilibrium. This can include shifts in pricing, product offerings, or other tactical decisions made by rivals in response to the commitment. The other options do not fully capture this competitive dynamic.

What Type of Effect Describes the Competitive Side Effects of the Commitment