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

Identify and avoid cultural bloopers in international business settings.

Recognize the role and effectiveness of cross-cultural communication strategies.

Appreciate the value of diversity in the workplace and its impact on creativity, productivity, and competitiveness.

Understand the legal aspects of discrimination, unconscious bias, and affirmative action in the workplace.

---

Definitions:

Civil Law

A legal system that deals with disputes between private individuals or entities, often involving compensation.

Failed

Refers to not achieving a desired result or failing to meet a specified standard or criterion.

Perform

To carry out, execute, or complete a task, action, or ceremony.

Statute Of Limitations

A law prescribing the maximum period within which legal action can be taken after a specified event, such as a crime or breach of contract.