Describe the Advantages and Disadvantages of Being a First Mover

question 69

Essay

Describe the advantages and disadvantages of being a first mover or a follower in a high-tech industry. In your opinion, which strategy is preferable, and why?

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Definitions:

Skin Color

A physical characteristic resulting from the pigment melanin, which varies widely among humans and is often used as a basis for social classification and identity.

Clothing

Garments and accessories worn on the body, often as a form of personal expression and to comply with social norms.

Emotional Investment

The extent of emotional commitment or attachment one places in an activity, project, or relationship.

Infant Mortality Rate

The number of deaths of infants under one year of age per 1,000 live births in a given year, indicating the health and well-being of a population.