A First-Mover Advantage Comes From

question 33

Multiple Choice

A first-mover advantage comes from:

• A) making improvements to existing product lines.
• B) being the first to exploit a niche or enter a market.
• C) being the first to take a free-ride on the opportunity created by a pioneer.
• D) the ability to poach trained personnel from an established business.
• E) taking risks while strategizing to improve an existing market.

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Definitions:

Conversation Control

The ability to direct and manage the flow of dialogue in a conversation, ensuring that goals are met effectively.

Selling Technique

A method or strategy used by salespeople to persuade potential buyers to purchase a product or service.

Education-Oriented Presentation

A type of presentation aimed at informing or educating the audience, rather than selling a product or service.

Sales Team

A group of individuals working together to sell products or services, achieving sales targets and goals.