A First-Mover Advantage Comes From

question 33

Multiple Choice

A first-mover advantage comes from:

• A) making improvements to existing product lines.
• B) being the first to exploit a niche or enter a market.
• C) being the first to take a free-ride on the opportunity created by a pioneer.
• D) the ability to poach trained personnel from an established business.
• E) taking risks while strategizing to improve an existing market.

---

Definitions:

Diagram

A simplified drawing showing the appearance, structure, or workings of something; a schematic representation.

Artificial Application

The use or implementation of human-made systems or methods to solve problems or perform tasks, often involving technology or synthetic materials.

Wastewater

Water that has been used and contaminated by human activity, which includes residential, industrial, and commercial waste liquids.

Dissolved Salts

Ionic substances that are broken down into constituent ions in a solution, primarily found in bodies of water.