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Why do strategists analyze the competitive life cycle?

Question: Why do strategists analyze the competitive life cycle?

  • To identify which incumbent company to acquire
  • To understand and learn from the typical patterns in the life of a product
  • To understand how to budget spending in order to build competitiveness
  • To understand which firms have customer loyalty

Answers: To understand which firms have customer loyalty

Conclusion of To understand which firms have customer loyalty

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