In addition to market commonality, resource similarity, awareness, motivation and ability, firms evaluate three other factors - ________ - to predict how a competitor is likely to respond to competitive actions.
A)reputation, market potential and resource commitment
B)type of competitive action, reputation and market dependence
C)market dependence, resource commitment and retaliation
D)type of competitive action, relative size and relative innovativeness

Question

Quizplus · Accepted Answer

The three additional factors firms evaluate to predict competitor responses are the type of competitive action, reputation, and market dependence. These factors help in understanding the dynamics of competitive behavior and the potential reactions from competitors based on their past actions, reputation in the market, and their dependence on the market for their revenues.

In Addition to Market Commonality, Resource Similarity, Awareness, Motivation and Ability