Competitive Dynamics: An Introduction

  • Reference: DARDEN-S-0306-E

  • Number of pages: 6

  • Publication Date: Sep 15, 2020

  • Source: Darden University of Virginia (USA)

  • Type of Document: Technical Note

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Description

This technical note discusses competitive dynamics: the various and evolving actions and reactions of two firms engaged in a rivalrous relationship. By allowing us to analyze interactions at this dyadic level, the competitive dynamics perspective provides valuable insights into a firm’s behavior in a variety of competitive situations and contexts.

Keywords

competitive dynamics Five forces interfirm relationships Strategy