Which of the following is NOT an advantage of a 'first mover'?
A)cost and learning benefits
B)reputation and an industry innovator
C)control over scarce resources
D)opportunity for building customer loyalty
E)certainty over the direction of market technology

Question

Quizplus · Accepted Answer

First mover advantages typically include cost and learning benefits, reputation as an industry innovator, control over scarce resources, and the opportunity for building customer loyalty. However, being a first mover does not guarantee certainty over the direction of market technology, as market dynamics and technology evolution can be unpredictable.

Which of the Following Is NOT an Advantage of a 'First