Question: Time left 0 : 4 6 : 2 8 Hide The problem exists when rivals watch a pioneer's efforts, learn from their successes and missteps,
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The problem exists when rivals watch a pioneer's efforts, learn from their successes and missteps, and then enter the market quickly with is a comparable or superior product at a lower price.
Select one:
a First mover
b Fast follower
c None of these
d Early starter
e Late entrant
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