Explain what factors affect the likelihood that a firm

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Reference no: EM1351801

1- Explain what is meant by market commonality? By resource similarity?

2- How do awareness, motivation, and ability affect the firm's competitive behavior?

3- What factors affect the likelihood that a firm will take a competitive action?

4- What factors affect the likelihood a firm will initiate a competitive response to the action taken by a competitor?

Reference no: EM1351801

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