The risks of being a first mover include each of the following except A) the high cost of pioneering EC initiatives. B) the chance that a second wave of competitors will eliminate a first mover's lead through lower cost and innovation. C) the risk that the move will be too late. D) over the long run, first movers being substantially less profitable than followers.

Question

Quizplus · Accepted Answer

The statement "the risk that the move will be too late" is not a risk of being a first mover, but rather a risk of being a late mover. The other three choices (A, B, and D) are all potential risks of being a first mover.

The Risks of Being a First Mover Include Each of the Following