Many Companies Want to Be Considered Quick-Followers Because It Is

question 63

True/False

Many companies want to be considered quick-followers because it is a safer route to success than being the first to market with an innovative product.

---

Definitions:

Cloud-Based Storage

A method of storing data on remote servers accessible from the internet, allowing for easy access, sharing, and collaboration.

Organizational Data

Information collected and stored by a business or enterprise that pertains to its operations, performance, employees, or customers.

Workforce

The workforce encompasses all the employees working in a company, industry, or economy, including both the physical and intellectual labor contributing to production and services.

Online Community Marketplace

A digital platform where users from various locations gather to buy, sell, or exchange goods and services within a community-based environment.