_____ Typically Have Technology Champions Who Articulate Competitively Aggressive, First-Mover

question 100

Multiple Choice

_____ typically have technology champions who articulate competitively aggressive, first-mover technological strategies.

• A) Prospector firms
• B) Follower firms
• C) Defender firms
• D) Reactor firms
• E) Analyzer firms

---

Definitions:

Marginal Utility

The supplementary satisfaction or benefit obtained from using an additional unit of a product or service.

Utility Maximization

An economic principle that suggests consumers aim to get the greatest satisfaction possible from their available resources.

Consumer's First

A philosophy or policy placing consumer interests and satisfaction at the forefront of business decision-making.

Marginal Utility-To-Price Ratio

The comparison of the additional satisfaction received from consuming one more unit of a good to the price of that unit, used to maximize utility.