Being a First Mover Is Not Particularly Advantageous Under Which

question 86

Multiple Choice

Being a first mover is not particularly advantageous under which circumstance?

• A)when moving first with a preemptive strike makes imitation difficult or unlikely
• B)when first-time buyers remain strongly loyal to pioneering firms in making repeat purchases
• C)when early commitments to new technologies, types of components, or emerging distribution channels produce an absolute cost advantage over rivals
• D)when markets are slow to accept the innovative product offering of a first mover, and fast followers possess sufficient resources and marketing muscle to overtake a first mover
• E)when being a pioneer helps build a firm's image and reputation with buyers

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Definitions:

Building Contract

A legally binding agreement between a property owner and a contractor for the construction or renovation of a building, detailing the work to be done, materials, costs, and timeframes.

Hold Back

The act of withholding part of a payment or benefit until certain conditions are met or to exert control or influence over a situation.

Bona Fide Purchaser

A person who buys something in good faith without notice of any previous claim or lien against the property.