How do timing tactics impact the strategy implementation efforts of a company?

Question

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The Answer is A timing tactic deals with when a company implements a strategy. Some companies are first movers, or pioneers. By being first movers, companies are able to establish a reputation as an industry leader, move down the learning curve to assume the cost leader position, and earn temporarily high profits. Late movers may be able to imitate the technological advance of others, keep risks down by waiting until a new technological standard is established, and take advantage of market segmentation.

How Do Timing Tactics Impact the Strategy Implementation Efforts of a Company