Which of the Following Is NOT a Characteristic of Firms

question 5

Multiple Choice

Which of the following is NOT a characteristic of firms that are followers?

• A)They do not get the loyalty of customers.
• B)They can benefit by learning from the first movers.
• C)They are the firms that enter the market after the first mover.
• D)They are often more successful than the first-mover firms because they do not repeat their predecessor's mistakes.