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In the context of competitive rivalry, what is an actor’s reputation?

The generalized forms of value that goods and services provide are either low cost with acceptable features or highly differentiated features with acceptable cost

Almost any identifiable human or organizational characteristic can be used to subdivide a market into segments that differ from one another on a given characteristic

The __________ dimension of relationships with customers is concerned with the firm’s access and connection to customers.

Competitive rivalry has more effect on a firm’s __________ strategies than the firm’s other strategies.

Goods or services in standard-cycle markets reflect:

Many manufacturing firms are reducing vertical integration and moving to independent supplier networks

Firms with high market commonality and highly similar resources are direct and mutually acknowledged competitors

First movers can gain a sustained competitive advantage when they reduce their costs through reverse engineering

Network cooperative strategies among Silicon Valley firms have been successful, in part, because they are geographically close together