Firms in slow-cycle markets can use cooperative strategies in the transition to more competitive markets.

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Firms in slow-cycle markets can use cooperative strategies such as alliances, partnerships, and joint ventures to improve their competitiveness in the transition to more competitive markets. By partnering with other firms, they can pool resources, knowledge, and expertise to create new products and services, enter new markets, and reduce costs. This enables them to respond more quickly to changes in the market and remain competitive.

Firms in Slow-Cycle Markets Can Use Cooperative Strategies in the Transition