_____ refers to the benefit that a company gains by entering into a market first or introducing a new product or service before its competitors.

Question

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First-mover advantage refers to the competitive advantage a company gains by being the first to enter a specific market or industry with a product or service, allowing it to establish brand recognition, customer loyalty, and potentially a larger market share before competitors enter the scene.

_____ Refers to the Benefit That a Company Gains by Entering