Which of the following is indicative of a second mover strategy?
A) entering new markets with existing products
B) making significant innovations that turn old products into new ones
C) observing closely the innovations of first movers and then improving on them
D) entering new markets with new products before any other entrants
Correct Answer:
Verified
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Q23: Which of the following is NOT a
Q24: What part of the organization should be
Q25: What is SWOT an acronym for?
A) strategy,
Q26: Which statement describes a first mover strategy
Q28: In SWOT analysis, what are situations in
Q29: Which of the following best represents a
Q30: An automobile manufacturer is dependent on a
Q31: Which company has followed a second mover
Q32: What is the third step in the
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