Magnitude Inc.was the first company to introduce a video gaming console in the market.However,consumers were uncertain about the product,and its high costs discouraged consumers from purchasing it.Eventually,Magnitude withdrew the product from the market.A few years later,Mantel Corp.and Adventura Inc.came up with their respective gaming consoles and successfully established their products.In this scenario,Mantel and Adventura would be considered:
A) pioneers.
B) early followers.
C) laggards.
D) late movers.

Question

Quizplus · Accepted Answer

Mantel and Adventura came up with their respective gaming consoles after the withdrawal of the console by Magnitude Inc. They were not the first movers in the market but still managed to launch and establish their products successfully, hence they can be considered as early followers.