Which Item Is Not a Late-Mover Advantage

question 1

Multiple Choice

Which item is not a late-mover advantage?

• A) Avoidance of a clash with a dominant firm at home
• B) Opportunity to free ride on first mover investments
• C) Resolution of technological and market uncertainty
• D) First mover s difficulty to adapt to market changes

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Definitions:

Search for Information

The process individuals or entities engage in to find and gather data, facts, or details on a particular subject or for a specific purpose, often conducted prior to making decisions.

Esteem Need

A concept from Maslow's hierarchy of needs that refers to the human desire for respect, self-esteem, and recognition from others.

Maslow's Hierarchy

A theory of human motivation represented as a pyramid with five levels of needs, from basic physiological needs to self-actualization.

Store Loyalty

The likelihood of customers consistently choosing one particular store or brand over competitors, often resulting from positive shopping experiences or satisfaction with products.