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Homework answers / question archive / Marketing Final these reflect a nation's ability to turn its natural resources, education, and infrastructure into a competitive advantage Are the factors that either train firms for world class competition or that fail to adequately prepare them to compete in the global marketplace firms and industries seeking leadership in global markets need cluster of world class suppliers that accelerate innovation extremely intense rivalry among competing firms, characterized by -escalating & increasingly aggressive competitive moves -assumptions of market stability replaced with notion of instability and change One of the possible benefits of first-mover status when entering a new industry
Marketing Final
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