Strategic Interactions in Business

The inter dence principle is applied to decisions. As a business owner, you're going to have to think about what your rivals are going to do - and this sort of independence is everywhere. Strategic interactions also happen just every day in our personal life. You know, should you go to that party on the week end? Well, the answer's likely to depend on who you think is going. We can think through this systematically, using four steps to help us make good strategic decisions.