A$($n$)\_\_\_\_\_\_\_\_$ advantage is a sometimes insurmountable advantage gained by the first company to establish a significant position in a new market.

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Part $1$

A$.$

incumbent

B$.$

$$late$-$mover

C$.$

$$second$-$mover

D$.$

$$lateral$-$mover

E$.$

$$first$-$moverA$($n$)\_\_\_\_\_\_\_\_$ advantage is a sometimes insurmountable advantage gained by the first company to establish a significant position in a new market.

Question content area bottom

Part $1$

A$.$

incumbent

B$.$

$$late$-$mover

C$.$

$$second$-$mover

D$.$

$$lateral$-$mover

E$.$

$$first$-$mover