The Benefits Gained by Firms That Are the First to Enter

question 58

Multiple Choice

The benefits gained by firms that are the first to enter new markets, establish brand identity, and/or adopt new technologies are known as

• A)competitive aggressiveness.
• B)technological capabilities.
• C)first mover advantages.
• D)breakthrough innovations.

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Definitions:

Decision-making Authority

The power or right vested in an individual or body to make choices and implement decisions.

Political Influence

The capacity or power of individuals or groups to alter or control the actions, policies, or decisions of political leaders or governments.

Intragenerational Mobility

Is social mobility that occurs within a single generation.

Structural Mobility

Refers to the social mobility that results from changes in the distribution of occupations.