Which of the Following Is NOT True of High-Technology Industries

Multiple Choice

Which of the following is NOT true of high-technology industries?

A) First movers have an advantage because their customers avoid switching costs.
B) First movers have higher pioneering costs than later entrants.
C) Later entrants can avoid the mistakes made by first movers.
D) First movers that create a revolutionary product are in a monopoly position.
E) First movers run the risk of building the wrong resources and capabilities.