Question $8(1$ point$)$

The race among rivals for industry leadership is more likely to be a marathon rather

than a sprint when

new industry or market segments are yet to be developed and create altogether

new consumer demand.

there are nearly always big advantages to being a slow mover rather than an

early mover, especially in regard to avoiding the "mistakes" of first or early

movers.

the market depends on the development of complementary products or services

that are currently not available, buyers have high switching costs, and influential

rivals are in position to derail the efforts of a first mover.

entry barriers are high, substitute products or services are readily availabinte, and

buyers are prone to negotiate aggressively for better terms and lower prices.

fast followers find it easy to leapfrog the pioneer with even better next$-$

generation products of their own.