Which of the Following Is Not a Disadvantage to Being

question 26

Multiple Choice

Which of the following is not a disadvantage to being a first mover?

• A) Significant pioneering costs
• B) Tendency to make mistakes
• C) Risk of building the wrong resources and capabilities
• D) Accumulation of market knowledge
• E) Possibility of investing in inferior or obsolete technology

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Definitions:

Industrial Regulation

The set of laws and rules governing the operation and behaviors of companies within specific sectors to ensure fair competition and protect consumers.

Antitrust Regulation

Laws designed to promote competition and prevent monopolies by regulating corporate mergers and breaking up companies when necessary.

Regulation

Rules or directives made and maintained by an authority to control or manage activities, often to protect public interests.

Protect Competition

Measures and policies established to ensure fair competition within markets, preventing monopolies and fostering innovation and fairness.