Which of the following is not a factor fueling competetive behaviour?Select one:a.Rivalryb.Coordinationc.Time pressured.Public Exposure
Question
Which of the following is not a factor fueling competitive behaviour?
Select one:
- a. Rivalry
- b. Coordination
- c. Time pressured.
- d. Public Exposure
Solution
To determine which option is not a factor fueling competitive behavior, let's briefly analyze each choice:
-
Rivalry (a): This is a primary factor in competitive behavior. Rivalry among competitors can drive businesses to innovate, improve services, or lower prices in an attempt to outperform each other.
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Coordination (b): Typically refers to collaboration or cooperation among firms. In a competitive environment, coordination may lead to strategic alliances, but overall, it does not drive competitive behavior as rivalry does. Hence, it can be considered as not fueling competition.
-
Time Pressured (c): Time pressure can create a sense of urgency and lead companies to make faster decisions, which often intensifies competitive behavior as firms rush to meet market demands.
-
Public Exposure (d): When companies are publicly exposed to their competitors, there is often increased pressure to perform, fostering competitive behavior to maintain or improve standing in the market.
Conclusion
Based on the analysis, the option that is not a factor fueling competitive behavior is b. Coordination. The other options—rivalry, time pressure, and public exposure—directly contribute to competitive dynamics within a market.
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