Once an adaptive entrant has achieved initial success, the company is safe from copycat competition.

Name: Once an adaptive entrant has achieved initial success, the company is safe from copycat competition.
Brand: Quizplus
Rating: 4.9 (27 reviews)

Question

Quizplus · Accepted Answer

Once an adaptive entrant achieves initial success, the challenge is to keep the idea fresh. If the attractive features of the new business are copied, the entrepreneurial firm must find ways to adapt and improve the product or service offering.

Once an Adaptive Entrant Has Achieved Initial Success, the Company