Question: Which statement is NOT true about the first - mover advantage? It gives you flexibility to adapt your strategy based on choices made by others.

Which statement is NOT true about the first-mover advantage?
It gives you flexibility to adapt your strategy based on choices made by others.
To gain this advantage, you have to credibly commit to take concrete actions.
The first-mover advantage is a strategic gain from an anticipatory action.
It arises when your aggressive choice forces the other to respond less aggressively.

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