Which Company Has Followed a Second Mover Strategy

question 39

Multiple Choice

Which company has followed a second mover strategy?

• A) Apple
• B) Facebook
• C) IBM
• D) Ford Motor Company

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Definitions:

Differentiation

A strategy businesses use to distinguish their products or services from those of competitors, often through unique features or superior quality.

Market Faster

Strategies or actions taken by companies to speed up their product development processes and market entry times.

Reliable Products

Reliable products are goods that consistently perform well over time, meeting consumer expectations for quality and durability.

Strategic Concepts

Fundamental ideas or plans intended to achieve specific long-term goals or to fulfill a business's overall objectives.