Entry into a market by a new competitor evokes a reaction. As aresult, a competitive dynamic- action and response begins. Beforeresponding to a competitor, firms must understand the competitivedynamics of the business in order to succeed with a growthopportunity. Suggest and critically discuss a model that helpsmanagers to meet this objective Support your answer with examples.( New Competitive Action , Threat Analysis : Marketcommonality+ Resource similarity , Motivation andCapability to Respond
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