Competitive Dynamics: Understanding the forces of competition that exist within a market is critical to developing a successful strategy

Understanding the forces of competition that exist within a market is critical to developing a successful strategy. By understanding the patterns of competitive moves we are better able to predict how competitors will respond to any strategy we seek to implement. The rivalry that occurs between firms over time helps to shape the competitive dynamics in the industry.

For this discussion board you should outline and discuss

one factor that influences the likelihood of attack

and one factor that influences the likelihood of response to competitive action.

Notes:just one factor for likelihood of attack and one factor of likelihood of response
You should use an example to support you posting to show your understand

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