If competition in an industry has become time-based:
A)A good first mover will 'scoop the market', but if they misjudge the game a fast second mover can 'clean up'
B)Anticipating the market is the only reliable strategy
C)Innovation is the critical competence
D)Another fad has been created by consultants and management researchers

Question

Quizplus · Accepted Answer

In a time-based competition, being the first mover can provide an advantage, but if they make mistakes, a fast second mover can capitalize on those errors and succeed.

If Competition in an Industry Has Become Time-Based