Which of the Following Is True of First Movers

question 20

Multiple Choice

Which of the following is true of first movers?

• A) The first mover cannot be able to establish brand loyalty.
• B) The first mover has no opportunity to exploit network effects and positive feedback loops.
• C) The first mover cannot create switching costs for its customers to deter rivals.
• D) The first mover that creates a revolutionary product is in a monopoly position.
• E) Being a first mover guarantees instant success.

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