A company that has earned first-mover advantage is immune to competition.

Question

Quizplus · Accepted Answer

A first-mover advantage may provide a temporary advantage in the market, but it does not make a company immune to competition. Competitors may eventually enter the market and offer similar or improved products or services, potentially eroding the first-mover advantage. Additionally, market conditions and consumer preferences may change, reducing the value of the advantage.

A Company That Has Earned First-Mover Advantage Is Immune to Competition