Question

Competitors are more likely to respond to competitive actions that are taken by

a. differentiators.
b. larger companies.
c. first movers.
d. market leaders.

Answer 1

Competitors are more likely to respond to competitive actions taken by market leaders.

Step-by-step explanation:

In the context of competitive actions, competitors are more likely to respond to actions taken by market leaders. Market leaders are the firms that hold the largest market share and have a strong presence in the industry. They are often seen as the trendsetters and their actions can have a significant impact on the competitive dynamics of the market.