Multiple Choice
A second mover is a(n) :
A) firm that responds to a first mover's competitive action, often through imitation or a move designed to counter the effects of an action
B) firm that leads a competitive action in an industry
C) individual who imitates others in an industry to ensure career progress
D) individual who moves from a declining industry to a newly expanding industry
Correct Answer:

Verified
Correct Answer:
Verified
Q3: What factors contribute to the likelihood of
Q48: In order to preserve resources for the
Q49: With which quality dimensions of goods and
Q51: Firms competing against each other in several
Q52: The technology used by fast-cycle competitors is
Q53: Firms that are direct competitors will invariably
Q56: Although competitive rivalry affects all types of
Q57: Which of the following is an example
Q58: Competitive dynamics in fast-cycle markets often result
Q66: First movers can gain a sustained competitive