Unidice, an information technology firm, recently installed a new data system that provides seamless access to data. This data system has a higher storage capacity and processing speed than other data systems available in the market. Although the data system can be acquired in the future by other companies, it has presently enabled Unidice to process its data faster and in a more economical manner than its competitors. It is evident that Unidice has achieved _____.
A) competitive inertia
B) first-mover advantage
C) vertical integration
D) quality assurance

Question

Quizplus · Accepted Answer

Unidice has achieved first-mover advantage by installing a new data system with higher storage capacity and processing speed, enabling them to process data faster and more economically than its competitors. This advantage may not be sustainable in the long term as other companies acquire similar technology.

Unidice, an Information Technology Firm, Recently Installed a New Data