In many cases,a firm entering international markets becomes a follower because:
A)barriers are high for new entrants.
B)strong patent protection exists.
C)quicker competition beat it.
D)barriers are low for new entrants.
E)there is high potential for imitation.

Question

Quizplus · Accepted Answer

A firm becomes a follower when quicker competition enters the market first, establishing a presence and making it harder for later entrants to lead.

In Many Cases,a Firm Entering International Markets Becomes a Follower