Which of the Following Is a First-Mover Advantage

question 27

Multiple Choice

Which of the following is a first-mover advantage?

• A) International firms may gain experience in that country's business practices.
• B) An international firm can reap the rewards of growth in a new market without incurring the risks.
• C) A firm may have the opportunity to be the first to introduce generic brands to a market.
• D) A firm can gauge how well their product will do in the market without taking the risk of investing their.

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Definitions:

General Supplies

Basic, essential items required for the operation of a business, office, or for the execution of a task or project.

Unanticipated Shortage

An unexpected deficiency or lack of supply, often referring to situations where resources or items are not available in the needed amount.

Supply Item

A term for any single piece of inventory or material used in the operations or maintenance of a facility or system.

Inventory

A list of supplies used regularly and the quantities in stock.