The personal history of the managers of competing firms can sometimes suggest how their firms will respond to strategic threats.

Question

Quizplus · Accepted Answer

The personal history and background of managers can influence their strategic thinking and decision making, which can in turn impact how their firms respond to threats in the market. For example, a manager who has a history of aggressive and proactive responses to competitors may be more likely to adopt a similar strategy in the future. Therefore, understanding the personal history of managers can provide important insights into potential strategic responses.

The Personal History of the Managers of Competing Firms Can