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A First-Mover Advantage Is the Process of Gathering Information About

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A first-mover advantage is the process of gathering information about the competitive environment, including competitors' plans, activities, and products, to improve a company's ability to succeed.


Definitions:

Social More

Unwritten rules or norms that are widely observed and are considered conducive to the welfare and continuity of a community.

Social Stigma

Refers to the disapproval of, or discrimination against, an individual or group based on perceivable social characteristics that serve to distinguish them from other members of a society.

Custom

Traditional and established practices or behaviors that are specific to a culture, society, or community.

Monotheism

The belief in a single, all-powerful god, as opposed to religions that believe in multiple gods.

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