Although There Are "First-Mover Advantages" When It Comes to Bringing

question 105

Multiple Choice

Although there are "first-mover advantages" when it comes to bringing a new innovation to the market,there are also disadvantages.Which of the following is NOT one of these disadvantages?

• A) The firm builds a reputation as an innovator.
• B) Potential customers must be educated about the product.
• C) Distribution channels must be found.
• D) Complementary assets need to be located.

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Definitions:

Irrational Thinking

Thinking that is not based on reason or logic, often involving unrealistic expectations or unfounded assumptions.

Dysfunctional Thinking

A cognitive pattern characterized by irrational, negative, and distorted perceptions of reality that can lead to emotional distress and behavioral problems.

Global Meaning

A belief system that provides an overarching framework for understanding life's events.

Universe

The totality of all space, time, matter, and energy, including planets, stars, galaxies, and all other forms of matter and energy.