Topic

Competitive Dynamics-Your Industry

Instructions

Discuss whether your industry is slow-cycle, standard-cycle or fast-cycle. What competitive dynamics can you expect as a result of your finding?

Answer Preview

Slow-cycle markets are those in which the business organization’s competitive advantages are safeguarded from imitation popularly for long time and where imitation is expensive. Therefore, competitive merits are sustainable over long periods especially in slow-cycle markets. It is clear that developing a distinct and proprietary capability generates a competitive advantage as well as success in a slow-cycle market hence this kind of advantage is challenging for rivals to recognize.

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