An Example of a First-Mover Advantage in International Operations Is

question 79

Multiple Choice

An example of a first-mover advantage in international operations is ________.

• A)gaining economies of scale at a lower output level than competitors
• B)increasing sales response functions and customer service
• C)using a small country for market tests prior to entering a large country
• D)lining up the best suppliers and distributors before competitors enter the market

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Definitions:

General Tax Revenues

The total income received by the government from taxes paid by individuals and businesses.

TANF

Temporary Assistance for Needy Families, a governmental program that provides financial assistance to low-income families with dependent children, aiming to encourage work, reduce dependency, and promote family stability.

Aid for Families

Financial support provided by the government or organizations to help families meet their basic needs, such as housing, food, and healthcare.

Dependent Children

Minors who rely on their guardians or parents for financial support and daily care.