The Determinants of the Choice Between a Leader Versus a Follower

question 50

Multiple Choice

The determinants of the choice between a leader versus a follower strategy are

• A)the extent of protection of the innovation, the nature of the knowledge involved, and the potential to establish a standard.
• B)the development cost of the innovation, the importance of complementary resources, and the shape of the economy.
• C)the extent of protection of the innovation, the potential to establish a standard, and the importance of complementary resources.
• D)the potential to establish a standard, the relative powers of the other players in the industry, and the development cost of the innovation.

---

Definitions:

Coconuts

Edible tropical fruits provided by the coconut palm that are used in a variety of foods and beverages.

Fish

Aquatic animals with gills and usually scales, living in freshwater or saltwater environments, commonly used as food.

Opportunity Cost

In decision-making, the loss incurred by not opting for the immediate next best alternative.

Speed-Reading Course

A speed-reading course is a program designed to teach techniques that increase the speed at which an individual reads without significantly compromising comprehension or retention.