What are the disadvantages associated with entering a market early commonly known as?
A)First-mover disadvantages
B)Inaugural disadvantages
C)Initial-entrant disadvantages
D)Proactive-mover losses
E)Primary entrant advantages

Question

Quizplus · Accepted Answer

Entering a market early may lead to first-mover disadvantages such as high pioneering costs, uncertainty of market trends, and difficulties in adapting to changes in technology or consumer preferences. These disadvantages may result in a loss of market share and profitability.

What Are the Disadvantages Associated with Entering a Market Early