In the video game console industry,Magnavox was the first mover but was not the winner.Atari and Nintendo came up with their respective gaming consoles soon afterwards.They were
A) also first movers.
B) early movers
C) laggards.
D) late movers.

Question

Quizplus · Accepted Answer

Magnavox was the first mover in the video game console industry with their Odyssey console, but they did not dominate the market. Atari and Nintendo were early movers, introducing their consoles soon after and ultimately becoming more successful than Magnavox. Laggards and late movers would have entered the market much later, after the market had already been established by the early movers.

In the Video Game Console Industry,Magnavox Was the First Mover