Which of the Following Observations About Pioneering Firms Is Incorrect

question 6

Multiple Choice

Which of the following observations about pioneering firms is incorrect?

• A)They are always the market-share leaders as the new product categories mature.
• B)They must change and adapt their strategies as their products move through a life cycle.
• C)Capitalising on early advantage,some of them earn substantial revenues and profits.
• D)They can be overtaken by followers that offer better products,superior customer service or lower prices.

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Definitions:

Resistance

The act of rejecting or not agreeing with something, striving to stop it through actions or reasoning.

Associated Feelings

Emotions that are linked or connected to particular thoughts, memories, or experiences.

Work Through

A psychological term for the process of dealing with one's issues or problems in a thorough and effective manner, often used in therapy.

Free Association

A psychoanalytic process in which the patient speaks freely to reveal the unconscious thoughts and feelings that influence behaviors.