Goods or services in slow-cycle markets reflect:
A) organizations that serve a mass market.
B) numerous first mover advantages.
C) an inability to sustain a competitive advantage for long periods of time.
D) competitive advantages that are shielded from imitation.

Question

Quizplus · Accepted Answer

Slow-cycle markets are characterized by competitive advantages that are difficult to replicate or imitate. This includes goods or services that require significant investment, unique technology, or specialized expertise, making it difficult for competitors to enter the market or reproduce the same level of quality. Therefore, the correct answer is D - competitive advantages that are shielded from imitation.

Goods or Services in Slow-Cycle Markets Reflect