In Which of the Following Instances Are First-Mover Disadvantages Not

question 42

Multiple Choice

In which of the following instances are first-mover disadvantages not likely to arise?

• A) When the costs of pioneering are much higher than being a follower and only negligible buyer loyalty or cost savings accrue to the pioneer
• B) When rivals are employing offensive strategies rather than defensive strategies
• C) When the products of an innovator are somewhat primitive and do not live up to buyer expectations
• D) When buyers are skeptical about the benefits of a new technology or product being pioneered by a first mover
• E) When rapid market evolution (due to fast-paced changes in technology or buyer preferences)gives fast followers and maybe even cautious late movers the opening to leapfrog a first mover's products with more attractive next-version products

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Definitions:

Storage Solution

A method or product designed to organize, preserve, and protect items during storage.

Tap Water

Water supplied to a tap, which is generally intended for drinking, cooking, and daily usage, coming from a community's water supply.

Peripheral Neuropathy

A condition resulting from damage to the peripheral nerves, leading to symptoms like numbness, tingling, muscle weakness, and pain, often in the hands and feet.

Abnormal Gait

A deviation from normal walking patterns, which can indicate underlying health issues ranging from minor injuries to serious neurological conditions.