Market Commonality vs. Resource Similarity

May 1st, 2015
Studypool Tutor
Price: $10 USD

Tutor description

Market commonality has to do with the number of different markets that the firm and the competitors are jointly involved with. It also pertains to the degree of importance of the individual markets to each. There are many firms competing against one another in many markets and this engages them in multimarket competition. Firms with more multimarket contacts is less likely to initiate an attack, but more likely to respond aggressively when they are attacked.

Word Count: 370
Showing Page: 1/1
MarketCommonalityvs.ResourceSimilarityByjlb2011|Marketcommonalityhastodowiththenumberofdifferentmarketsthatthefirmandthecompetitorsarejointlyinvolvedwith.Italsopertainstothedegreeofimportanceoftheindividualmarketsto

Review from student

Studypool Student
" awesome work thanks "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1824 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors