Which of the following helps a firm to preempt available demand, gain cost advantages related to volume, and build an enduring brand ahead of later competitors?
A) monopolistic practices
B) comparative advantages
C) absolute advantages
D) first-mover advantages
E) mercantilism

Question

Quizplus · Accepted Answer

First-mover advantages refer to the benefits a company gains by being the first to enter a market, allowing it to capture demand, achieve economies of scale, and establish a strong brand presence before competitors enter the market.

Which of the Following Helps a Firm to Preempt Available