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Think about the motor industry, the motor car industry.
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Ford has to worry about what GM is doing and what Toyota is doing,
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and for the moment at least
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what Chrysler is doing but perhaps not for long.
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So there's a small number of firms and their actions affect each other.
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So for a literal definition of what strategic means:
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it's a setting where the outcomes that affect you depend on actions,
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not just on your own actions, but on actions of others.
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All right, that's as much as I'm going to say for preview right now.
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We're going to come back and see plenty of this
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over the course of the next semester.
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So what I want to do is get on to where this applies.