A(n) __________ Comes from Being First to Exploit a Niche

question 11

Multiple Choice

A(n) __________ comes from being first to exploit a niche or enter a market.

• A) first-mover advantage
• B) veteran's advantage
• C) government subsidized benefit
• D) early entry disadvantage

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Definitions:

Pavlov's Laboratory

The research facility where Russian physiologist Ivan Pavlov conducted his pioneering work on classical conditioning in the early 20th century.

Conditioning

A method of altering behavior where an individual learns to link a wanted behavior with a stimulus that was previously not related.

Salivation

The secretion and discharge of saliva, often triggered by the anticipation of food or by the smell or taste of food.

Conditioned Response

A response acquired through conditioning to a stimulus that was once neutral but has become linked with an unconditioned stimulus.