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QUESTION

Why would a firm regularly choose to be a second mover? Likewise, why would a firm purposefully be a late mover?

  1. Why would a firm regularly choose to be a second mover? Likewise, why would a firm purposefully be a late mover?
  2. Identify a large firm and examine the popular business press to identify how its size, speed of actions, level of innovation, and quality of goods or services have affected its competitive position in its industry. Explain your findings.
  3. When engaging in competitive rivalry, firms jockey for a market position that is advantageous, relative to competitors. In this jockeying, what types of competitor intelligence-gathering approaches are ethical? How has the Internet affected competitive intelligence activities?
  4. Standards for competitive rivalry differ in countries throughout the world. What should firms do to cope with these differences? How do the differences relate to ethical practices?
  5. Could total quality management practices result in firms operating more ethically than before such practices were implemented? If so, what might account for an increase in the ethical behavior of a firm using TQM principles?

Read and Review Chapter 5: Competitive Rivalry and Competitive Dynamics of our text.

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