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First mover advantages do not include:
a. Developing proprietary, technological leadership.
b. Preempting scarce assets.
c. Establishing entry barriers.
d. Successful clashes with dominant firms in domestic markets.
e. Creating good relationships with key stakeholders.
Factor Weighting Model
A decision-making model used to evaluate multiple alternatives based on various criteria, assigning different weights to each factor based on its importance.
Subjectivity
The influence of personal feelings, tastes, or opinions in decision-making or perception.
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