Examlex
__________means that a company's decision to enter a particular market is driven by peer or rival firms who are already in that market
Business Strategies
Broad plans and tactics used by companies to achieve specific goals and objectives and to secure a competitive position in the market.
Resource-Based View
A strategic management perspective that considers a firm's resources and capabilities as the primary sources of its competitive advantage.
Sustained Competitive Advantage
The ability of a firm to maintain a unique value proposition in the market that cannot be easily replicated by competitors, thus ensuring long-term success.
Strategy
The formulation of organizational objectives, scopes, and action plans for gaining advantage.
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