Which of the following statements is indicative of a second mover strategy?

Question

Quizplus · Accepted Answer

A second mover strategy involves observing the innovations of first movers and then improving upon them. Option A is not necessarily indicative of a second mover strategy as companies can enter new markets with existing products as a first mover or a second mover. Option B is more indicative of a first mover strategy where a company makes significant innovations to create new products. Option D is indicative of a first mover strategy where a company enters new markets with new products before any other entrants.

Which of the Following Statements Is Indicative of a Second