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First Movers Gain Expertise Through Participation

Question 55

Multiple Choice

First movers gain expertise through participation. First movers have the opportunity to_________________________.


A) learn from the first generation of products and improve.
B) monitor changes in the market that might be difficult
C) monitor changes in the market that might be impossible to detect for those firms not participating in the market
D) build up their networks, which can provide early information about attractive opportunities.
E) All of the answers are correct.

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