Market conditions and factors that tend not to favor first movers include

Question

Quizplus · Accepted Answer

Market conditions that require the development of complementary products or new industry infrastructure before demand can surge may not favor first movers, as they may not have the resources or partnerships to create these complementary products and infrastructure. Quick market penetration and strong customer loyalty (B) may actually favor first movers. Buyer behavior readily attracted to new technology or product features (C) also tends to favor first movers. Absolute cost advantages that accrue to those who make early commitments to new technologies, components, or distribution channels (D) can also favor first movers, rather than putting them at a disadvantage. Therefore, option A is the best choice.

Market Conditions and Factors That Tend Not to Favor First