One of the major advantages of being the first to develop a product is
A)an increase in the average total cost of production.
B)less need for legal protection for the product.
C)the opportunity to be bought out for a profit.
D)the ability to use the fast-second strategy.

Question

Quizplus · Accepted Answer

Being the first to develop a product often puts a company in a favorable position to be acquired by larger companies interested in the innovation, potentially leading to significant profits.

One of the Major Advantages of Being the First to Develop