By investing early in countries that are currently poor but are nevertheless growing rapidly,firms can gain a:
A)first-mover advantage.
B)late-mover advantage.
C)significant advantage.
D)strategic advantage.

Question

Quizplus · Accepted Answer

By investing early in poor countries that are growing rapidly, firms can gain a first-mover advantage. This means they can establish a strong position in the market and potentially dominate it before competitors enter. This can lead to higher profits and market share in the long run.

By Investing Early in Countries That Are Currently Poor but Are