Multiple Choice
First-mover disadvantages (or late-mover advantages) rarely arise when
A) the costs of pioneering are much higher than being a follower and only negligible learning/experience curve benefits accrue to the pioneer.
B) rapid market evolution gives fast followers an opening to leapfrog the pioneer with next-generation products of their own.
C) the pioneer's products are somewhat primitive and do not live up to buyer expectations, allowing clever followers to win disenchanted buyers with better-performing products.
D) the marketplace is skeptical about the benefits of a new technology or product being pioneered by a first mover.
E) the market response is strong and the pioneer gains a monopoly position that enables it to recover its investment.
Correct Answer:

Verified
Correct Answer:
Verified
Q25: A strategy of vertical integration can have
Q26: The strategic impetus for forward vertical integration
Q27: The best example of forward vertical integration
Q28: Strategic alliances are<br>A)the cheapest means of developing
Q29: There are a number of offensive strategy
Q31: Launching a preemptive strike type of offensive
Q32: What are the strategic advantages of a
Q33: Your best friend is considering opening Emerald
Q34: Choose the intended outcome that did not
Q35: The two big drivers of outsourcing are<br>A)an