Being First to Initiate a Strategic Move Can Have a High

question 23

Multiple Choice

Being first to initiate a strategic move can have a high payoff in all but which one of the following instances?

• A) When pioneering helps build a firm's image and reputation with buyers
• B) When first-time customers remain strongly loyal to pioneering firms in making repeat purchases
• C) When early commitments to new technologies,new-style components,new or emerging distribution channels,and so on can produce an absolute cost advantage over rivals
• D) When moving first can constitute a preemptive strike,making imitation extra hard or unlikely
• E) When pioneering leadership is more costly than followership

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Definitions:

Punitive Purpose

Actions or penalties intended to punish an individual or entity, often used in legal and disciplinary contexts to deter undesirable behavior.

Minimum Standards

The least or lowest level of quality, performance, or achievement that is considered acceptable.

Childhood Trauma

Psychological distress occurring in a person due to adverse childhood experiences.

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A wide range of conditions affecting an individual’s mood, thinking, behavior, leading to distress or problems functioning in social, work or family activities.