The best way to anticipate possible competitive responses is to identify all current or potential competitors and conduct an internal corporate analysis for each of these competitors.

Question

Quizplus · Accepted Answer

Identifying all current or potential competitors and conducting an internal corporate analysis for each of these competitors is the best way to anticipate possible competitive responses. This will allow businesses to understand their strengths and weaknesses and prepare for potential retaliation or competition in the market.

The Best Way to Anticipate Possible Competitive Responses Is to Identify