Which of the Following Is Not One of the Benefits

question 15

Multiple Choice

Which of the following is not one of the benefits that first movers enjoy?

• A) Earlier benefits from economies of scale
• B) Ability to create customer switching costs
• C) First to obtain brand loyalty
• D) Ability to accumulate knowledge about the market
• E) Lower pioneering costs

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Definitions:

Personal Awareness

The conscious understanding and recognition of one’s own personality, feelings, motives, and desires.

Sensations

The process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment.

Circadian Cycle

Biological rhythm that operates on a roughly 24-hour cycle, affecting various bodily functions.

1.5 Hours

A duration of time equivalent to ninety minutes.