Question: Answer ANY THREE (3) questions in this section. QUESTION 3 (20 Marks) Being first in the industry gives the pioneer added advantages to market share

Answer ANY THREE (3) questions in this section. QUESTION 3 (20 Marks) Being first in the industry gives the pioneer added advantages to market share and potential growth. As an example, Nokia retained the top position in the mobile industry courtesy of pioneer or first-mover advantages. 3.1 Consider the foregoing statement to discuss Nokias source of pioneer advantages (10 marks)

3.2 The pioneers advantage is not inevitable as imitators or direct competitors may surpass the innovators due to several weaknesses among the failing pioneers. Discuss how Nokia competitors such as Samsung and Huawei managed to dislodge it from pole position. (10 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Read the article below and answer ALL the questions that follow. HR's new operating model December 22, 2022 |Article By Sandra Durth, Neel Gandhi, Asmus Komm, and Florian Pollner The way in which...

Marketing 4 Carefully read the attached case study and answer the following questions: Muhtar Kent Reflects on His Coca-Cola Journey and Legacy as Company's 15th Chief Executive ATLANTA - Muhtar...

Marketing 5 Carefully read the attached case study and answer the following questions: Muhtar Kent Reflects on His Coca-Cola Journey and Legacy as Company's 15th Chief Executive ATLANTA - Muhtar...

Marketing 3 Carefully read the attached case study and answer the following questions: Muhtar Kent Reflects on His Coca-Cola Journey and Legacy as Company's 15th Chief Executive ATLANTA - Muhtar...

marketing 345. SECTION A [40 Marks] Tesla (Electric car manufacturer) Over the past ten years, there has been a significant rise in demand for electric vehicles due to volatile oil prices, a huge...

Marketing 3 SECTION A [40 Marks] Tesla (Electric car manufacturer) Over the past ten years, there has been a significant rise in demand for electric vehicles due to volatile oil prices, a huge...

REDBULL Red Bulls integrated marketing communications mix has been so successful that the company has created an entirely new billion-dollar drink categoryenergy drinks. In addition, Red Bull has...

SECTION B [60 MARKS] Answer ANY THREE (3) questions in this section. QUESTION 3 (20 Marks) You have recently been placed as a Junior logistics manager at Kin-Transformers Steel and Timber. The...

1. What is a functional strategy? 2. What are stability strategies in business? What are the pros and cons of these strategies? 3. What are competitive and cooperative strategies? 4. What are the...

The following are selected 2012 transactions of Oveius Corporation. Jan. 1 Purchased a small company and recorded goodwill of $150,000. Its useful life is indefinite. May 1 Purchased for $90,000 a...

5 Copy and complete the workings to answer this question. A school cricket club has 45 members. The ratio of boys to girls is 5:4.

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...