What Are the Two Types of Competitive Pressures That Firms

question 95

Essay

What are the two types of competitive pressures that firms competing in the global marketplace face? How do firms respond to these pressures?

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Definitions:

Predictable

The characteristic of an event or behavior that can be anticipated in advance based on known patterns or prior occurrences.

Lawful And Orderly

Describes an adherence to laws and regulations, maintaining a sense of organization and structure in conduct.

Constructs

are mental models or concepts that individuals use to interpret and understand their experiences and the world around them.

Environmental-Mold Traits

Source traits that are learned from social and environmental interactions.