Recent Research Has Shown That the First Firm to Enter

question 19

Multiple Choice

Recent research has shown that the first firm to enter a market often does not have a long-term advantage over later entrants into the market.The textbook used which of the following examples to illustrate this?

• A)Tim Horton's entry into the breakfast sandwich market.
• B)Xerox, which became a generic term for making photocopies.
• C)lululemon athletica, which was the first clothing company to market yoga clothing.
• D)the introduction of the first ballpoint pen in 1945.

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Definitions:

Authentic Leadership

A style of leadership that emphasizes the genuine and transparent connection between leaders and their followers, focusing on integrity, ethical values, and the ability to be oneself.

Favorable Expectations

Positive beliefs or hopes regarding future outcomes or the actions of others.

Developing the Capacity

The process of enhancing individual or organizational ability and potential for performance and productivity.

Authentic Leadership

A leadership style that is genuine and transparent, encouraging leaders to be true to themselves and their values.