Question: First movers face: Multiple Choice market rigidities. high entry barriers. cost disadvantages. demand uncertainty. Which of the following statements is true? Multiple Choice Knowledge is

First movers face:

Multiple Choice

  • market rigidities.

  • high entry barriers.

  • cost disadvantages.

  • demand uncertainty.

Which of the following statements is true?

Multiple Choice

  • Knowledge is a valuable entrepreneurial resource that is gained through formal education.

  • Knowledge is easily communicated and common.

  • Knowledge based on experience is unlikely to be learned in a classroom.

  • Research, more than knowledge, leads to the generation of new entries in markets and technologies.

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