First Movers Must Be Willing to Commit Sufficient Resources to Follow

question 74

True/False

First movers must be willing to commit sufficient resources to follow through on their pioneering efforts.

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Definitions:

External Events

Occurrences outside an organization that can impact its operations, strategies, and success, often unpredictably.

Basic Beliefs

Foundational principles or convictions that are accepted as true by an individual or group, shaping attitudes and behavior.

Antecedent

An event, condition, or cause that happens before another event and influences it.

Stimulus

Any event, object, or signal that triggers a response or reaction from an organism or system.