Question
An important element in strategy development is attempting to anticipate how a competitor might respond to an organization's changes in strategy(ies).Select a company and a
An important element in strategy development is attempting to anticipate how a competitor might respond to an organization's changes in strategy(ies).Select a company and a product you use/are familiar with that has a similar competing item made by another company (Walmart versus Target, T-Mobile versus Verizon, Allstate versus State Farm).
Describe a strategic change one company might make; what response might the other company try to offset the competitors strategic change? Use concepts from the reading and additional source(s) beyond the reading for support.
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