First-mover advantages are unlikely to be present when
A) pioneering helps build a firm's image and reputation with buyers.
B) rapid market evolution (due to fast-paced changes in technology or buyer preferences) presents opportunities to leapfrog a first-mover's products with more attractive next-version products.
C) early commitments to new technologies, new-style components, new or emerging distribution channels, and so on, can produce an absolute cost advantage over rivals.
D) moving first can constitute a preemptive strike, making imitation extra hard or unlikely.
E) first-time customers remain strongly loyal to pioneering firms in making repeat purchases.
Correct Answer:
Verified
Q25: For every emerging opportunity, there exists a(n)
A)market
Q26: In the face of strong competition from
Q27: Late-mover advantages (or first-mover disadvantages)are not likely
Q28: Merger and acquisition strategies
A)are nearly always superior
Q29: _ is the range of product and
Q31: Market conditions and factors that tend not
Q32: First-mover disadvantages (or late-mover advantages)rarely arise when
A)the
Q33: A primary reason why mergers and acquisitions
Q34: A strategic objective that is highly UNLIKELY
Q35: The difference between a merger and an
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