First movers have the opportunity to select and develop strong relationships with the most important suppliers and distribution channels. This may represent a barrier to those considering entry and may force those who do eventually enter to _________________________.
A) use inferior suppliers and distribution outlets.
B) to educate customers
C) to erect barriers to market entry and imitation
D) All of the answers are correct.
E) None of the answers apply.
Correct Answer:
Verified
Q49: In practical terms, the assessment of a
Q50: A broad-scope market strategy _.
A) offers a
Q51: A narrow-scope market strategy is vulnerable to
Q52: With regards to market entry, a disadvantage
Q53: With regards to market entry, the decision
Q55: First movers gain expertise through participation. First
Q56: A narrow-scope market strategy _.
A) allows the
Q57: As defined in the text, the requirements
Q58: For a first mover into a new
Q59: In emerging industries, _.
A) adaptation is easier
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