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Irrespective of Whether the Characteristics of a Technology Are Imitable

question 47

True/False

Irrespective of whether the characteristics of a technology are imitable or not,a first mover has an opportunity to build brand loyalty before the entry of other competitors.


Definitions:

Utilitarian Needs

are needs that are pragmatic and practical, fulfilling a functional requirement rather than an emotional one.

Tangible Attributes

Physical characteristics and features of a product that can be directly observed and measured by consumers.

Motivational Conflict

A situation where an individual faces competing desires or interests, leading to indecision or difficulty in choosing a course of action.

Dodge Durango

A model of SUV (Sport Utility Vehicle) produced by the American automobile manufacturer Dodge.

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