What Are Competitive Dynamics and How Does This Explain Why

question 47

Essay

What are competitive dynamics and how does this explain why strategies evolve in response to actions of close competitors?

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Definitions:

Legitimate Means

Actions or methods that are lawful, ethical, and acceptable within professional or societal standards.

Misinformation

False or inaccurate information that is spread, intentionally or unintentionally.

HR

Stands for Human Resources, focusing on the management and support of employees in an organization.

Informal Channels

Unofficial routes of communication and information exchange within an organization or social group.