The Benefits Gained by Firms That Are the First to Enter

question 58

Multiple Choice

The benefits gained by firms that are the first to enter new markets, establish brand identity, and/or adopt new technologies are known as

• A)competitive aggressiveness.
• B)technological capabilities.
• C)first mover advantages.
• D)breakthrough innovations.

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Definitions:

Egocentrism

The inability to differentiate between one's own perspective and the perspective of others.

Intuitionist Perspective

A philosophical viewpoint that emphasizes intuition as a primary or foundational source of knowledge or ethical decision-making.

Psychosocial Perspective

A viewpoint that considers individual psychological development within the context of social relationships and societal structures.

Cognitive Development

The process by which a person perceives, thinks, and gains understanding of their world through the interaction and influence of genetic and learned factors.