A First-Mover Advantage Is Valuable Under All of the Conditions

question 32

Multiple Choice

A first-mover advantage is valuable under all of the conditions except ________.

• A) a firm achieves an absolute cost advantage in terms of scale or scope
• B) the scale of a firm's first move makes imitation unlikely
• C) first-time customers may move freely among competing products because of new product preferences
• D) a firm's image and reputation advantages are hard to imitate at a later date

---

Definitions:

Informational

pertains to the provision or exchange of knowledge or data through various means and formats.

Linear Separable

A property in computational geometry and machine learning where two sets of points can be completely separated by a single straight line.

Time Perspective

is the way individuals conceptualize time and the effect of this conceptualization on their behavior, decisions, and overall outlook on life.

Legislative Agenda

A set of priorities and proposed laws that a legislative body or a political leader aims to enact and implement during a legislative session.