A First-Mover Advantage

question 1

Multiple Choice

A first-mover advantage

• A) preempts rivals.
• B) captures demand by establishing a strong brand name.
• C) makes it difficult for later entrants to win business.
• D) all of the above

---

Definitions:

National Health Insurance

A government-sponsored system that provides health insurance coverage to all citizens.

Pensions

Retirement plans funded either by employers or governments, providing a steady income after retirement.

Paid Vacation

A benefit offered by employers that provides employees with a certain amount of paid time off from work, intended for rest and recreation.

Stock Options

Rights to buy a certain number of shares of stock at a specified price.