Strategic options may have benefited early movers.

Name: Strategic options may have benefited early movers.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

Early movers were able to choose from a wider range of strategic options and had the advantage of establishing themselves in the market before competitors. This gave them the opportunity to build brand recognition, attain economies of scale, and develop customer relationships, which could benefit them in the long run.

Strategic Options May Have Benefited Early Movers