In Which of the Following Instances Is Being a First-Mover

question 103

Multiple Choice

In which of the following instances is being a first-mover NOT particularly advantageous?

• 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:

Semantic Memory

A type of long-term memory involving the ability to remember facts and general knowledge about the world.

General Knowledge

Information that has been accumulated over time through various means about a wide range of subjects or facts.

Deliberate Practice

A highly structured activity engaged in with the specific goal of improving performance.

Procedural Memories

A type of long-term memory that involves the retention of skills and procedures which are performed automatically, without conscious thought.