Dependence on the Market

Firms with a high dependency on a market in which a competitive action is taken are more likely to respond to that action. For example, firms with a large amount of their total sales from one industry are more likely to respond to a particular competitive action taken in that industry than is a firm with businesses in a multiple industries (e.g., a conglomerate). Thus, if the type of action taken has a major effect on them, firms are likely to respond, regardless of whether the action is strategic or tactical.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, Line of Sight

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