Instruction
1. In 250 words, please discuss the following: Discuss competitor behavior and competitive dynamics. Include a definitions of competitors and of competitive behavior.
2. In 250 words, please discuss the following: Competitive dynamics can be expected in all external environments. Discuss the expected competitive dynamics among firms competing in slow-cycle markets, fast-cycle markets, and standard-cycle markets.
Book used: Hitt, H. A., Hoskisson, R. E., & Ireland, R. D. (2017). Strategic management: Concepts and
cases: competitiveness and globalization (12th ed.). Boston, MA: Cengage.
ISBN: 9781305502147