Which of the Following Statements Is True Regarding First Movers

question 4

Multiple Choice

Which of the following statements is true regarding first movers?

• A) First movers can build brand loyalty so long as technology characteristics are inimitable.
• B) Low switching costs work in favor of first movers.
• C) First movers are often more successful than later entrants.
• D) First movers can preemptively capture scarce resources.

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Definitions:

Diversity Programs

Initiatives designed to cultivate a more inclusive, respectful, and diverse workplace or community environment.

National Society Of Black Engineers

A global nonprofit organization dedicated to increasing the number of culturally responsible Black engineers who excel academically and professionally.

Diversity Program

Initiatives designed to cultivate a more inclusive, accepting work environment, by recognizing and valuing individual differences.

Inclusive Environment

A setting or organizational culture that values diversity and integrates practices that accommodate various backgrounds, identities, and abilities.