Asked by Madilyn McPherson on Jul 24, 2024

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When you create a competitive strategy, you must plan your own moves and anticipate and counter your competitors' moves.

Competitive Strategy

A business approach that involves identifying and executing tactics to outperform competitors in the market and achieve superior positioning.

Anticipate and Counter

This refers to the strategy of predicting potential challenges or objections and preparing responses or solutions in advance.

Plan Moves

Strategies or steps taken to transition or reorganize elements within an organization, project, or process.

  • Understand the strategic importance of planning and anticipating in competitive strategy.
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Hunter CannonJul 30, 2024
Final Answer :
True
Explanation :
Creating a competitive strategy involves not only planning your own moves but also anticipating and countering the moves of your competitors to maintain or achieve a competitive advantage.