Because the timing of a strategic move can be just as important as the choice of move to make, a company's best option with respect to timing of an action is
A) to be the first mover.
B) to be a fast follower.
C) to be a late mover (because it is cheaper and easier to imitate the successful moves of the leaders and moving late allows a company to avoid the mistakes and costs associated with trying to be a pioneer-first-mover disadvantages usually overwhelm first-mover advantages) .
D) to be the last mover-playing catch-up is usually fairly easy and almost always is much cheaper than any other option.
E) to carefully weigh the first-mover advantages against the first-mover disadvantages and act accordingly.
Correct Answer:
Verified
Q18: The principal offensive strategy options include all
Q19: Launching a preemptive strike type of offensive
Q20: An offensive to yield good results can
Q21: _ is the extent to which a
Q22: The race among rivals for industry leadership
Q24: Choose the intended outcome that did not
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
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents