Which of the Following Is a First-Mover Advantage

question 92

Multiple Choice

Which of the following is a first-mover advantage?

• A) International firms may gain experience in that country's business practices.
• B) An international firm can reap the rewards of growth in a new market without incurring the risks.
• C) A firm may have the opportunity to be the first to introduce generic brands to a market.
• D) A firm can gauge how well their product will do in the market without taking the risk of investing there.

---

Definitions:

Conscience

An inner feeling or voice viewed as acting as a guide to the rightness or wrongness of one's behavior.

Superego

A component of Sigmund Freud's psychoanalytic theory of personality, which represents the ethical or moral self, holding internalized societal norms and ideals.

Ego

In psychoanalytic theory, the part of the personality responsible for dealing with reality while balancing the demands of the id and superego.

Id

In psychoanalytic theory, the part of the psyche that is the source of instinctual impulses and demands for immediate satisfaction of primitive needs.