________ refers to the process by which firms undertake strategic and tactical actions and how competitors respond to these actions.
A)Strategic control
B)Environmental analysis
C)Competitive dynamics
D)Strategy implementation
E)SWOT analysis

Question

Quizplus · Accepted Answer

Competitive dynamics refers to the process by which firms undertake strategic and tactical actions and how competitors respond to these actions. It involves understanding and analyzing the moves and countermoves between competitors within an industry.

________ Refers to the Process by Which Firms Undertake Strategic