Which of the Following Is a First-Mover Advantage

question 94

Multiple Choice

Which of the following is a first-mover advantage?

• A) Lower research and development costs and marketing costs than other firms
• B) Ability to preempt rivals and capture demand by establishing a strong brand name
• C) Ability to capitalize on the work done by other firms
• D) Creation of innovative products at lower costs than other firms

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Definitions:

Alopecia

A condition characterized by hair loss from the scalp or body.

Permethrin

A synthetic chemical used as an insecticide, acaricide, and insect repellent, commonly applied to clothing, bedding, and used in certain medications for treating scabies and lice.

Scarves

Lengths of fabric worn around the neck, head, or waist for warmth, cleanliness, fashion, or religious reasons.

Diabetic Foot Ulcers

Open sores or wounds that occur in individuals with diabetes, usually on the bottom of the foot.