TY - JOUR T1 - Competitive Marketing Rivalry. Explaining the Time of Response to Strategic Actions AU - , Carmen Otero Neira AU - , Teresa Garcia AU - , Maria Concepcion Varela JO - International Business Management VL - 1 IS - 2 SP - 30 EP - 34 PY - 2007 DA - 2001/08/19 SN - 1993-5250 DO - ibm.2007.30.34 UR - https://makhillpublications.co/view-article.php?doi=ibm.2007.30.34 KW - Rivalry KW -competitive interaction KW -competitive behaviour KW -market signals KW -action reaction dichotomy AB - Firms have incentives to improve their competitive position. For this purpose they carry out a variety of aggressive marketing actions, introducing new products, lowering the prices of existing ones, or increasing their marketing budgets. The success or failure of such actions and the achievement of the competitive advantages deriving from them depend on the responses of their competitors. We justify theoretically a set of hypotheses on the effect of 2 marketing actions-price cut and sales promotion- and of the characteristics of the firm that responds, on the time that the firm took to respond. These are then tested empirically with data provided by marketing managers of industrial firms. ER -