A First-Mover Advantage Comes from Being First to Exploit a Niche

question 95

True/False

A first-mover advantage comes from being first to exploit a niche or enter a market.

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Definitions:

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Shareholder

An individual or institution that owns one or more shares of stock in a public or private corporation, giving them a right to a portion of the company's profits and assets.

Net Saver

A net saver is an individual or entity that saves more money than they spend, often contributing to a surplus in personal or national savings.