_____ are primarily the advantages that accrue to early entrants into a market.

Question

Quizplus · Accepted Answer

First-mover advantages refer to the benefits that a company enjoys by being the first to enter a market. These advantages can include establishing brand recognition, creating switching costs for customers, and securing key distribution channels. Other options (A, C, D, E) are not commonly used terms in strategy literature to define the benefits of being an early entrant into a market.

_____ Are Primarily the Advantages That Accrue to Early Entrants