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Having good competitive intelligence about rivals' strategies, latest actions and announcements, resource strengths and weaknesses, and moves to improve their situation is important because Question
Having good competitive intelligence about rivals' strategies, latest actions and announcements, resource strengths and weaknesses, and moves to improve their situation is important because
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A
it identifies who the industry's current market share leaders are.
B
it helps a company to anticipate what moves rivals are likely to make next and to craft its own strategic moves.
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