An Advantage of Being a First Mover Is That

question 31

Multiple Choice

An advantage of being a first mover is that:

• A)the pioneering costs are minimal.
• B)there are well-defmed distribution channels.
• C)there is no risk of building the wrong resources.
• D)the focus is always on the mass market.
• E)there is an opportunity to increase sales volume ahead of rivals.

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Definitions:

International Day

A day recognized globally to celebrate, remember, or bring awareness to specific issues, cultures, or social causes.

Residential Schools

Residential schools were government-sponsored religious schools established to assimilate Indigenous children into Euro-Canadian culture, often involving forced separation from their families and cultures, and have been widely criticized for their abuse and negative impacts on Indigenous communities.

Institutional Racism

Behaviour, policies, or practices that disadvantage racialized persons; can be intentional or unintentional.

Treaty Violations

Acts that breach the terms and conditions of formal agreements made between nations or entities.