To attempt to predict competitive behaviors,Porter suggests a four-step framework,where analysts must identify:
A)The competitor's current strategy,its objectives,its assumptions about the industry and itself,and its available resources and capabilities
B)The competitor's current strategy,its future strategy,its assumptions,and its vulnerabilities
C)The competitor's assumptions about the industry,its available resources and competencies,its objectives,and its competitive advantage
D)The competitor's available resources and competencies,its objectives,then its competitive advantage,and finally its performance

Question

Quizplus · Accepted Answer

Porter suggests that to predict competitive behaviors, analysts must identify the competitor's current strategy, objectives, assumptions about the industry and itself, and available resources and capabilities. This helps in understanding the competitor's position in the market and their strengths and weaknesses, which in turn can be used to devise a strategy to gain a competitive advantage. Option B is incorrect as it mentions predicting the competitor's future strategy, which is not always possible. Option C is also not entirely accurate as it misses out on the current strategy and vulnerabilities of the competitor. Option D is incorrect as it starts with available resources and competencies, which should be assessed after understanding the competitor's overall strategy and objectives.

To Attempt to Predict Competitive Behaviors,Porter Suggests a Four-Step Framework,where