Exact(37)
That's how competitors handle it.
Below was a lighter shower of green dots showing how competitors, including Foundem, lagged behind.
Understanding how competitors will respond to your actions should be a critical component of decision making.
It is obviously impossible for entrepreneurs to know in advance how competitors will respond to a new product or service.
A corporate sphere is a product and geographic portfolio with the power to influence where and how competitors fight within their competitive space.
Any executive will tell you that understanding how competitors will respond to your actions should be a critical component of strategic decision making.
Similar(23)
For a theoretical explanation of how competitor orientation can persist even in markets that reward profit-maximizing companies, see N. Bendle and M. Vandenbosch, "Competitor Orientation and the Evolution of Business Markets," Marketing Science 33, no.
This will allow you to determine how your competitors are marketing themselves and who is mentioning your competitors on their own websites or blogs.
How will competitors respond?
How many competitors have you enabled?
Imagine how their competitors must feel.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com