What Are Advantages That Accrue to Early Entrants into a Business

question 123

Multiple Choice

What are advantages that accrue to early entrants into a business market referred to as?

• A) standard-class advantages
• B) first-mover advantages
• C) prime-mover advantages
• D) first-stage advantages
• E) early adopter advantages

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Definitions:

Advantages

The favorable aspects or benefits that contribute to achieving success or gaining a competitive edge.

Lengthy

Describing something that is long in duration, size, or extent, often more than is usual or necessary.

Report-style Information

Pertains to presenting data and analysis in a structured format, typically used in business or academic contexts.

Community Manager

A professional responsible for building, growing, and managing a brand's or organization's online community, often through social media platforms.