Factors That Determine Whether a First Mover Succeeds or Fails

question 20

Multiple Choice

Factors that determine whether a first mover succeeds or fails in the EC marketplace include each of the following except

• A) the size of the opportunity.
• B) the speed of market entry.
• C) the nature of the product.
• D) whether the company can be the best in the market.

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Definitions:

Self-Awareness

Involves being conscious of one's own character, feelings, motives, and desires.

Task-Centeredness

A focus on completing specific tasks or goals, often characterized by a practical and direct approach to solving problems.

Eclectic Practice

An approach that draws on multiple theories, styles, or ideas to best address the needs and preferences of individual clients or situations.

Cognitive Restructuring

A therapeutic process that involves identifying and challenging negative and irrational thoughts, with the goal of replacing them with more positive and realistic ones.