Which of the following is not an advantage of first-mover strategies?
A)Capturing learning effects important for increasing market share
B)Achieving scale economies
C)Development of alliances with the most attractive local partners
D)Capitalizing on well-established legal, institutional, and political frameworks

Question

Quizplus · Accepted Answer

In general, in particular industries and economic environments, significant economies are associated with first-mover or early-entry positioning-being the first or one of the first to enter a market. These include capturing learning effects important for increasing market share, achieving scale economies that accrue from opportunities for capturing that greater share, and development of alliances with the most attractive (or in some cases the only) local partner.

Which of the Following Is Not an Advantage of First-Mover