Question: First - mover advantages are most likely to arise when Multiple Choice there are no fast - followers or late entrants present to counter a

First-mover advantages are most likely to arise when
Multiple Choice
there are no fast-followers or late entrants present to counter a pioneering move.
a first-mover's customers face low switching costs.
the costs of pioneering are high relative to the benefits accrued.
the first-mover can meet established industry technical standards.
property rights protections thwart rapid imitation of the initial move.
First-mover advantages are most likely to arise when Multiple Choice there

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