An Example of a First-Mover Advantage in International Operations Is

question 79

Multiple Choice

An example of a first-mover advantage in international operations is ________.

• A)gaining economies of scale at a lower output level than competitors
• B)increasing sales response functions and customer service
• C)using a small country for market tests prior to entering a large country
• D)lining up the best suppliers and distributors before competitors enter the market

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Definitions:

Common Stock

A type of security that represents ownership in a corporation, giving shareholders voting rights and a claim on profits in the form of dividends.

Dividend

A disbursement from a corporation to its stockholders, often derived from earnings.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividend priority.

Common Stock

A form of corporate equity ownership, a type of security representing ownership in a corporation.