Which of the Following Is NOT True of High-Technology Industries

question 28

Multiple Choice

Which of the following is NOT true of high-technology industries?

• A) First movers have an advantage because their customers avoid switching costs.
• B) First movers have higher pioneering costs than later entrants.
• C) Later entrants can avoid the mistakes made by first movers.
• D) First movers that create a revolutionary product are in a monopoly position.
• E) First movers run the risk of building the wrong resources and capabilities.

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Definitions:

Perceiving

The process of becoming aware of something through the senses.

Physical Maturation

Physical maturation is the process of bodily growth and development, culminating in full physical adulthood.

Teratogens

Agents or factors that can cause malformation or birth defects in an embryo or fetus when exposed during pregnancy.

Prenatal

Relates to the period before birth, during the development inside the womb.