A Pioneer Firm Is More Capable Than a Follower in Taking

question 20

Multiple Choice

A pioneer firm is more capable than a follower in taking advantage of:

• A)latest technology in the market.
• B)early positioning mistakes.
• C)early product mistakes.
• D)choice of segments and positions.

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Definitions:

Warrants

Financial securities that grant the holder the right to buy shares of a company at a fixed price until the expiry date.

Exclusionary Rule

A legal principle in the United States that prevents evidence collected or analyzed in violation of the defendant's constitutional rights from being used in a court of law.

Probable Cause

A reasonable basis for believing that a crime may have been committed, which is a standard used in law to justify searches, arrests, and issuing warrants.

Warrantless Searches

Searches conducted by law enforcement without a warrant, permitted under certain conditions by law.