Multiple Choice
Which of the following is NOT an advantage of being a first mover?
A) The company is able to establish a reputation as an industry leader.
B) The company is able to move down the learning curve to assume the cost leader position.
C) A first mover can set the standard for all subsequent products in the industry.
D) Being first provides a company profit advantages for about ten years in consumer goods and about twelve years in industrial goods.
E) First movers may be able to keep R & D costs low by imitating the technological advances of others.
Correct Answer:

Verified
Correct Answer:
Verified
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