Mighty Mike's,a manufacturer of power tools for the home hobbyist,has seen its main competitor,MyTools,bring out a line of power tools that are smaller sized,lighter weight,and suitable for women and older hobbyists who have weaker hands than the typical male workshop hobbyist. Mighty Mike is waiting to see whether MyTool's new line
is a success. Mighty Mike could be classified as a second mover.

Question

Quizplus · Accepted Answer

Mighty Mike is waiting to see how the market responds to MyTool's new product line before deciding on their next move, which is in line with the characteristics of a second mover strategy.

Mighty Mike's,a Manufacturer of Power Tools for the Home Hobbyist,has