The _____ Entrant Is More Likely Than the _____ Entrant

question 46

Multiple Choice

The _____ entrant is more likely than the _____ entrant to be able to capture the first-mover advantages associated with demand preemption,scale economies,and switching costs.

• A)new;established
• B)late;early
• C)large scale;small scale
• D)foreign;domestic;

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Definitions:

Congruence

The state of agreement or harmony between objects, ideas, or values.

Collective Unconscious

A term coined by Carl Jung, referring to structures of the unconscious mind which are shared among beings of the same species.

Shared Environment

The environmental factors that contribute to the similarities in development and behavior among family members living in the same household.

Culture

A program of shared rules that govern the behavior of people in a community or society, and a set of values, beliefs, and customs shared by most members of that community.