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

question 48

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 with buyers

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Definitions:

Creativity

The ability to produce original and valuable ideas or things.

Virtue

A trait or quality deemed to be morally good and valued as a foundation of good moral being.

Adulthood

A life stage characterized by full physical development, legal responsibility for oneself, and typically involving greater social and economic independence.

Extraverted

Characterized by outgoing, sociable, and energetic behavior towards the external environment.