When First-Mover Advantage Is Crucial and a High Degree of Competitive

question 33

Multiple Choice

When first-mover advantage is crucial and a high degree of competitive intensity prevails, the ________ approach is better.

• A) waterfall
• B) born global
• C) rifle
• D) sprinkler
• E) franchisee

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Definitions:

Richest 1 Percent

The segment of the population that is the wealthiest, holding a disproportionately large share of total global wealth.

Air Traffic Controllers

Professionals responsible for the safe and efficient movement of aircraft in the sky and on the ground at airports.

White House

The official residence and workplace of the President of the United States, located at 1600 Pennsylvania Avenue NW in Washington, D.C.

Environmental Crisis

A situation where the natural environment is severely degraded due to human activity, posing threats to biodiversity, health, and climate.