One of the advantages of being first to develop a new product is the opportunity to develop brand-name recognition.

Name: One of the advantages of being first to develop a new product is the opportunity to develop brand-name recognition.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Being first to develop a new product allows a company to establish its brand in the market, creating brand-name recognition and potentially securing a loyal customer base before competitors enter the market.

One of the Advantages of Being First to Develop a New