Strategic interaction is a term used to describe the condition in which a firm's business strategy depends upon its competitors' business behavior.

Name: Strategic interaction is a term used to describe the condition in which a firm's business strategy depends upon its competitors' business behavior.
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Question

Quizplus · Accepted Answer

Strategic interaction involves firms considering the actions of their competitors when making decisions about their own business strategy in order to gain a competitive advantage.

Strategic Interaction Is a Term Used to Describe the Condition