By Entering a Market Later

question 50

Multiple Choice

By entering a market later, 

• A) customer uncertainties have already been substantially reduced.
• B) the venture can build a reputation as a "founder."
• C) the company can erect barriers to entry and imitation.
• D) the player gets to operate only for a grace period.

---

Definitions:

Social Status

The position or rank of a person or group within the society.

Intellectual Ability

A person's capacity to think abstractly, reason, understand complex ideas, learn quickly, and solve problems.

Sexual Attractiveness

The attribute of being appealing or desirable in a sexual manner, often influenced by physical appearance, behaviors, and other factors.

Social Status

An individual's position or rank relative to others within a society or social group.