Question

Markets in which the firms competitive advantage are moderate is called

Answer 1

Answer:

Explanation:

Dramatic increase in competitive actions and reactions between firms; Decreased ... Faster firms generate more advantages and greater market power. .... Markets in which the firm's competitive advantages are moderately shielded from ...

Answer 2

Markets in which the firm's competitive advantage are moderate is called standard cycle markets.

Explanation:

• In the standard cycle, markets are markets where the firm's competitive advantages are moderately protected from imitation.

• The process of imitation is expensive and the benefit of competition is sustainable only when the company is enhancing its capabilities and its quality for gaining a competitive advantage.

• The markets move either in a slow cycle or in the fast cycle and imitation takes place quickly in the fast-cycle markets.