Which of the following factors is a disadvantage of being a first mover?
A)First movers have to bear pioneering costs.
B)First movers are prone to make mistakes.
C)First movers run the risk of building the wrong resources and capabilities.
D)First movers may invest in inferior or obsolete technology.
E)All of these choices.

Question

Quizplus · Accepted Answer

All of the factors listed (A-D) are disadvantages of being a first mover. These risks and drawbacks can impact a company's profitability and competitiveness in the long run, especially if they invest heavily in the wrong resources or technologies.

Which of the Following Factors Is a Disadvantage of Being