Which of the Following Is True About the First Mover

question 62

Multiple Choice

Which of the following is true about the first mover strategy?

• A) The first mover bears the costs of developing the product and educating customers.
• B) Owing to its novel and unique product, a first mover can be sure that customers will embrace its offering.
• C) First movers are likely to succeed even without committing resources to follow through on their pioneering efforts.
• D) First moves that build on strategic resources are easy for rivals to imitate.
• E) First movers typically enjoy an advantage over rivals for about five years.