Question

Firms with few competitive resources are more likely to:

a) not respond to competitive actions.
b) respond quickly to competitive actions.
c) delay responding to competitive actions.
d) respond to strategic actions, but not to tactical actions.

Answer 1

c, delay responding to competitive actions.

Step-by-step explanation:

When a firm has few competitive resources compared to its other competitors, it takes longer for such firm to respond to competitive actions of its competitors. These competitve resources could range from technological infrastructures to partnerships to development models for employees, etc.

Cheers.