Conditions Used to Be Such That the First Entrant into a Foreign

question 31

Multiple Choice

Conditions used to be such that the first entrant into a foreign market could count on being the leader for years, but in today's marketplace, the competitive edge is not as great because:

• A)of competing technology and frequent lack of intellectual property rights protection.
• B)competing domestic firms were there first.
• C)globalisation and the internet do not allow there to be a 'first firm'.
• D)most countries do not allow the first entrant to be a foreign firm.

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Definitions:

Long-Term Memories

A type of memory responsible for the storage of information over an extended period, potentially as long as a lifetime.

Distraction

Any stimulus or event that diverts attention away from a primary task or point of focus.

Retrieval Cues

Memory aids or stimuli that assist in the recall of information from the memory.

Episodic Memory

A category of long-term memory that involves the recollection of specific events, situations, and experiences, including the context and emotions associated with them.