What Is a Strategic Disadvantage of Being a First Mover

question 27

Multiple Choice

What is a strategic disadvantage of being a first mover?

• A) A slow start at forming customer relationships and customer loyalty.
• B) Risk of competitors imitating innovations.
• C) No control over resources.
• D) Reputation for being a follower.

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Definitions:

Bonobos

A species of great ape known for its matriarchal society and peaceful, cooperative behaviors, closely related to chimpanzees.

Sexual Behavior

Activities related to physical intimacy and reproduction among humans and animals.

Ovulating

The phase in the female reproductive cycle where an ovary releases an egg, making it available for fertilization.

Visual Communication

A way of conveying ideas and information through visuals, such as symbols, graphics, colors, and designs, rather than through text or speech.