Question: What do you identify as clear first - mover advantages and late - mover disadvantages to a product being introduced to any African country ?
What do you identify as clear firstmover advantages and latemover disadvantages to a product being introduced to any African country Some firstmover advantages that you may consider are brand recognition, market share dominance, technological leadership, cost advantages, customer loyalty, etc. Some latemover disadvantages that you may consider are strong competition, limited market share, higher marketing costs, technological lag, difficulty in changing customer preferences, etc.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
