The first firm through a strategic window can occupy an extremely favorable niche and discourage competition (if the firm has the required internal strengths).

Question

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This statement is true. Being the first firm through a strategic window allows a company to establish themselves in a niche market before competitors have a chance to enter, giving them a significant advantage. If the company has the necessary internal strengths, they can dominate the market and discourage competition. However, this advantage is not guaranteed to last forever, as competitors may eventually catch up and try to challenge the dominant company.

The First Firm Through a Strategic Window Can Occupy an Extremely