Multiple Choice Question

When an entrepreneur who is a first mover seeks to enter a new market, the entrepreneur should Blank$\_\_\_\_\_\_.$

Multiple choice question.

make a decision about new entry only when he or she possesses perfect information

always seek to make an error of commission rather than an error of omission

be able to establish his or her product as the industry standard easily

consider his or her potential ability to educate customers about his or her product