Which of the Following Is an Advantage for Product Pioneers

question 13

Multiple Choice

Which of the following is an advantage for product pioneers in new product introductions?

• A)They make high profits as soon as they enter a market.
• B)They become readily recognizable to consumers.
• C)They have to share a market with very few competitors that have monopoly power.
• D)They always succeed in a marketplace because of lack of competition.
• E)They need not focus on creating demand for a product category.

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