Market conditions and factors that tend not to favor first movers include
A) buyer behavior that is readily attracted to new technology or product features.
B) conditions that make imitation difficult and absolute cost advantages that accrue to those who make early commitments to new technologies, components, or distribution channels.
C) quick market penetration and strong loyalty among first-time customers.
D) growth in demand that depends on the development of complementary products or services that are not currently available and new-industry infrastructure that is needed before buyer demand can surge.
E) pouring too few resources into getting ahead of the market opportunity.
Correct Answer:
Verified
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
Q30: First-mover advantages are unlikely to be present
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
Q36: The difference between a merger and an
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