Unidice, an information technology firm, recently installed a new data system that provides seamless access to data. This data system has a higher storage capacity and processing speed than other data systems available in the market. Although the data system can be acquired by other companies in the future, it has presently enabled Unidice to process its data faster and in a more economical manner than its competitors. It is evident that Unidice has achieved _____.
A) competitive inertia
B) first-mover advantage
C) vertical integration
D) quality assurance

Question

Quizplus · Accepted Answer

Unidice has achieved a first-mover advantage by installing a new data system with higher storage capacity and processing speed than its competitors. This has enabled Unidice to process its data faster and in a more economical manner than its competitors, giving it an advantage in the market.

Unidice, an Information Technology Firm, Recently Installed a New Data