Which of the Following Is an Advantage of Being a First

question 46

Multiple Choice

Which of the following is an advantage of being a first mover?

• A)certainty over the direction of technology and market
• B)low development costs
• C)no financial or strategic risks
• D)opportunity to begin building customer relationships

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Definitions:

Assessment

The process of evaluating or estimating the nature, ability, or quality of something, often used in educational, professional, or healthcare settings to determine needs or performance.

Recommendation

A suggestion or proposal as to the best course of action, often based on analysis and assessment.

False Reassurance

Providing comfort or assurance without sufficient basis or truth, potentially undermining trust and delaying necessary actions or interventions.

Jargon

Specialized language used by a particular profession or group that may be difficult for outsiders to understand.