Which of the Following Is an Advantage of First Movers

Multiple Choice

Which of the following is an advantage of first movers?

A) They are not prone to mistakes.
B) They bear lower pioneering costs than later entrants do.
C) They only invest in the latest technology.
D) They do not run the risk of building the wrong resources as they are highly customer-focused.
E) They have an opportunity to exploit network effects and positive feedback loops.