Question: When is it competitively advantageous to be a first mover? Multiple Choice If the market responds well and allows the company to recover its investment
When is it competitively advantageous to be a first mover?
Multiple Choice
If the market responds well and allows the company to recover its investment costs at a good profit.
If the costs of pioneering are high relative to the benefits accrued.
If a follower emerges with a better performing product to win over buyers.
If the market is rapidly changing in either technology or buyer needs.
If market uncertainties make it difficult to predict future trends.
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