Question

Competitors are more likely to respond to strategic or tactical actions when they are taken by:

A. market leaders.
B. differentiators.
C. first movers.
D. larger companies.

Answer 1

Market leaders are more likely to elicit responses from competitors to their strategic or tactical actions.

Step-by-step explanation:

Competitors are more likely to respond to strategic or tactical actions when they are taken by market leaders. Market leaders hold a significant market share and often set the trends and standards in the industry, making their actions more influential. These companies have the resources and capabilities to implement effective strategies that can shape the competitive landscape.