Which of the Following Is a First-Mover Advantage

question 98

Multiple Choice

Which of the following is a first-mover advantage?

• A) excellent customer service
• B) cost minimization
• C) high visibility in the market
• D) opportunity to use e-business strategies
• E) opportunity to build customer loyalty

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Definitions:

Decentralised Firms

Companies that grant a high degree of autonomy to their subdivisions or units, allowing for decision-making and operations to be managed locally.

Goal Congruence

The alignment of individual objectives with the overall objectives of the organization, ensuring that all members are working towards the same goals.

Transfer Price

The pricing of goods, services, or tradable assets between affiliated divisions within the same organization.

Autonomy

The degree of self-governance or independence an individual or entity has to make decisions without external influence.