The race among rivals for industry leadership is more likely to be a marathon rather than a sprint when
A) new industry or market segments are yet to be developed and create altogether new consumer demand.
B) fast followers find it easy to leapfrog the pioneer with even better next-generation products of their own.
C) the market depends on the development of complementary products or services that are currently not available, buyers have high switching costs, and influential rivals are in position to derail the efforts of a first mover.
D) entry barriers are high, substitute products or services are readily available, and buyers are prone to negotiate aggressively for better terms and lower prices.
E) there are nearly always big advantages to being a slow mover rather than an early mover, especially in regard to avoiding the "mistakes" of first or early movers.
Correct Answer:
Verified
Q17: A blue-ocean strategy
A)is an offensive strike employed
Q18: The principal offensive strategy options include all
Q19: Launching a preemptive strike type of offensive
Q20: An offensive to yield good results can
Q21: _ is the extent to which a
Q23: Because the timing of a strategic move
Q24: Choose the intended outcome that did not
Q25: For every emerging opportunity, there exists a(n)
A)market
Q26: In the face of strong competition from
Q27: Late-mover advantages (or first-mover disadvantages)are not likely
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