In industries characterized by rapid technological advances,pioneers have the advantage of introducing products based on superior,second generation technologies thereby gaining an advantage over the followers.
Correct Answer:
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Q1: Pioneers can better their market positions if
Q3: Success of a pioneering strategy depends on
Q4: Products new to the company but not
Q5: New-to-the-world products are true innovations that are
Q6: A follower typically has more options to
Q7: Digitized information products like software and music,pioneers
Q8: Followers have the ability to take advantage
Q9: Successful fast followers can leapfrog the pioneer
Q10: Skimming or early withdrawal strategy may be
Q11: A niche penetration strategy is less attractive
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