Question: operational efficiency advantage QUESTION 7 The problem exists when rivals watch a pioneer's efforts, learn from their successes and missteps, and then enter the market
operational efficiency advantage
QUESTION
The problem exists when rivals watch a pioneer's efforts, learn from their successes and missteps, and then enter the market quickly with a comparable or superior product at a lower cost.
late entrant
early starter
fast follcwer
intellectual propert
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