Identify an Advantage of Follower Strategies

question 3

Multiple Choice

Identify an advantage of follower strategies.

• A)influencing consumer choice criteria and attitudes
• B)making the best use of latest technology
• C)possibility of positive network effects
• D)ability to define the rules of the game

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Definitions:

Net Income

The profit remaining after all expenses, taxes, and costs have been deducted from total revenue.

Assets

Resources owned or controlled by a business or individual that have expected future economic benefit.

Equity

The value of an owner's interest in a company, calculated as the difference between the assets and liabilities on a company's balance sheet.

Cash Inflows

The total amount of money being received by a company, from operations, investments, and financing activities.