Which of the following observations about pioneering firms is incorrect?
A) They are always the market-share leaders as the new product categories mature.
B) They must change and adapt their strategies as their products move through a life cycle.
C) Capitalising on early advantage,some of them earn substantial revenues and profits.
D) They can be overtaken by followers that offer better products,superior customer service or lower prices.
Correct Answer:
Verified
Q1: Pioneers that are able to maintain their
Q2: _ is the simplest way to enter
Q4: Identify the firm characteristic of mass-market penetration
Q5: The shake-out stage in a product life
Q6: All of the following are true of
Q7: Economists have noted how the value of
Q8: What is true of the introductory stage
Q9: Pioneering firms often have distribution advantages over
Q10: These items may be moderately new to
Q11: To establish a foothold in a future
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents