Steve Jobs and Apple created a big advantage in the technology industry with the introduction of the iPod,iPhone and iPad.What are these all examples of?
A)Competitive advantage
B)Competitive intelligence
C)First-mover advantage
D)All the answers are correct

Question

Quizplus · Accepted Answer

All of the listed products (iPod, iPhone, and iPad) represent first-mover advantages for Apple in the technology industry. A first-mover advantage refers to the benefits and advantages gained by a company that is the first to introduce a new product or service to the market.

Steve Jobs and Apple Created a Big Advantage in the Technology