The risks of being a first mover include all of the following except:
A)the high cost of pioneering EC initiatives
B)the chance that a second wave of competitors will eliminate a first mover's lead through lower cost and innovation
C)the risk that the move will be too late
D)over the long run,first movers being substantially less profitable than followers

Question

Quizplus · Accepted Answer

The risks of being a first mover typically include the high cost of pioneering EC initiatives, the chance that a second wave of competitors will eliminate a first mover's lead through lower cost and innovation, and over the long run, first movers being substantially less profitable than followers. However, the risk that the move will be too late is not a risk of being a first mover, as being a first mover means that the company is the first to enter a particular market or launch a particular product/service.

The Risks of Being a First Mover Include All of the Following