Which of the Following Is an Advantage for Product Pioneers

question 13

Multiple Choice

Which of the following is an advantage for product pioneers in new product introductions?

• A)They make high profits as soon as they enter a market.
• B)They become readily recognizable to consumers.
• C)They have to share a market with very few competitors that have monopoly power.
• D)They always succeed in a marketplace because of lack of competition.
• E)They need not focus on creating demand for a product category.

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Definitions:

DNA Replication

The biological process of producing two identical replicas of DNA from one original DNA molecule, essential for cell division.

Microvilli

Tiny hairlike projections on the surface of some cells that increase the surface area for absorption or secretion.

Flagella

Flagella are long, whip-like structures that propel cells and microorganisms through their environment.

Microtubules

Cylindrical structures within cells that provide shape and support, play roles in intracellular transport, and are involved in cell division.