Which of the Following Is NOT True of High-Technology Industries

question 28

Multiple Choice

Which of the following is NOT true of high-technology industries?

• A) First movers have an advantage because their customers avoid switching costs.
• B) First movers have higher pioneering costs than later entrants.
• C) Later entrants can avoid the mistakes made by first movers.
• D) First movers that create a revolutionary product are in a monopoly position.
• E) First movers run the risk of building the wrong resources and capabilities.

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Definitions:

Smart Guides

Visual aids in graphic design and layout software that help align objects, shapes, or text evenly.

Gridlines

Thin lines that form a grid on charts, graphs, or software interfaces, helping in the accurate placement and alignment of elements.

Text Pane

A section within a software interface where textual content can be viewed or edited.

SmartArt

A graphics tool included in Microsoft Office applications that enables users to create visually appealing diagrams, flowcharts, and organizational charts easily.