Having Good Competitive Intelligence About Rivals' Strategies,latest Actions and Announcements,resource

question 65

Multiple Choice

Having good competitive intelligence about rivals' strategies,latest actions and announcements,resource strengths and weaknesses,and moves to improve their situation is important because it

• A)identifies who the industry's current market share leaders are.
• B)helps a company to anticipate what moves rivals are likely to make next and to craft its own strategic moves.
• C)helps identify which rival is in which strategic group.
• D)enables company managers to determine which rival has the worst strategy and how to avoid making the same strategy mistakes.
• E)enables more accurate predictions about how long it will take a particular rival to copy most of what the strategy leader is doing.

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Definitions:

Germany

A country in Central Europe known for its rich history, cultural heritage, and significant contributions to art, science, and philosophy.

Spain

A country on Europe's Iberian Peninsula, known for its rich history, diverse cultures, and contributions to art, literature, and global exploration.

Neolithic Jericho

An ancient city located in the West Bank, known for being one of the world's earliest urban centers and for its well-preserved Neolithic village.

Fortification Walls

Defensive walls built around towns, cities, or castles to protect them from attacks and invasions.