Because When to Make a Strategic Move Can Be Just

question 66

Multiple Choice

Because when to make a strategic move can be just as important as what move to make, a company's best option with respect to timing is

• A) to be the first mover.
• B) to be a fast follower.
• C) to be a late mover (because it is cheaper and easier to imitate the successful moves of the leaders and moving late allows a company to avoid the mistakes and costs associated with trying to be a pioneer-first-mover disadvantages usually overwhelm first-mover advantages).
• D) to be the last mover-playing catch-up is usually fairly easy and almost always is much cheaper than any other option.
• E) to carefully weigh the first-mover advantages against the first-mover disadvantages and act accordingly.

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Definitions:

Graded Bedding

A geological structure in which each layer of sediment is progressively heavier or finer, indicating deposition over time.

Water Current Velocity

The speed at which water flows in a specific direction in rivers, streams, or other bodies of water.

Sedimentary Sequence

A chronological order of sedimentary rocks laid down in layers, reflecting the history of sediment deposition over time.

Shale

A type of fine-grained sedimentary rock that splits into thin layers, formed from mud composed of clay and other minerals.