Which of the following is a first-mover advantage?
A) Avoidance of clash with a dominant firm at home
B) Opportunity to free ride on second mover investments
C) Resolution of technological and market uncertainty
D) No difficulty in adapting to market changes

Question

Which of the following is a first-mover advantage? 
A) Avoidance of clash with a dominant firm at home 
B) Opportunity to free ride on second mover investments 
C) Resolution of technological and market uncertainty 
D) No difficulty in adapting to market changes

Quizplus · Accepted Answer

First-mover advantage refers to the benefits a company gains by entering a market before competitors, such as establishing strong brand recognition and customer loyalty, which can help avoid clashes with dominant firms at home.

Which of the Following Is a First-Mover Advantage