Which of the Following Is True Offrrst Movers

question 17

Multiple Choice

Which of the following is true offrrst movers?

• A)The first mover cannot be able to establish brand loyalty.
• B)The first mover has no opportunity to exploit network effects and positive feedback loops.
• C)The first mover cannot create switching costs for its customers to deter rivals.
• D)The frrst mover that creates a revolutionary product is in a monopoly position.
• E)Being a frrst mover guarantees instant success.

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Definitions:

Electric Shock

A sudden discharge of electricity through a part of the body, which can be used therapeutically in certain psychiatric treatments but also poses risks.

Reinforcement

The process by which a stimulus or event strengthens or increases the probability of the response that it follows.

Stimulus

Any event or situation that evokes a response.

Higher-Order Conditioning

A process in classical conditioning by which a stimulus that was previously neutral is paired with a conditioned stimulus to produce the same conditioned response as the conditioned stimulus.