Early movers gain from____________________________.

Question

Quizplus · Accepted Answer

Early movers gain from preemptive opportunities, which means they have the advantage of entering the market before competitors and establishing their presence. This allows them to capture market share, build brand recognition, and set industry standards, giving them a competitive advantage. Economic reform, preemptive promotion, and market power may provide benefits as well, but they do not necessarily depend on being an early mover.

Early Movers Gain From____________________________