Which of the Following Is a First-Mover Advantage

question 85

Multiple Choice

Which of the following is a first-mover advantage?

• A)Ability to create switching costs that tie customers into their products or services
• B)Avoiding pioneering costs that a later entrant has to bear
• C)Increased probability of surviving in a foreign market
• D)Opportunity to observe and learn from the mistakes of other entrants

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Definitions:

Disbarment

A severe disciplinary sanction in which an attorney's license to practice law in the state is revoked because of unethical or illegal conduct.

Suspension

A serious disciplinary sanction in which an attorney who has violated an ethical rule or a law is prohibited from practicing law in the state for a specified or an indefinite period of time.

Mildest Sanction

The least severe form of penalty or disciplinary action imposed in response to a wrongdoing or offense.

Attorney Violations

Actions or behaviors by a lawyer that breach professional codes, legal ethics, or laws.