Multiple Choice
The race among rivals for industry leadership is more likely to be a marathon rather than a sprint when
A) new industry or market segments are yet to be developed and create altogether new consumer demand.
B) fast followers find it easy to leapfrog the pioneer with even better next-generation products of their own.
C) the market depends on the development of complementary products or services that are currently not available, buyers have high switching costs, and influential rivals are in position to derail the efforts of a first mover.
D) entry barriers are high, substitute products or services are readily available, and buyers are prone to negotiate aggressively for better terms and lower prices.
E) there are nearly always big advantages to being a slow mover rather than an early mover, especially in regard to avoiding the "mistakes" of first or early movers.
Correct Answer:

Verified
Correct Answer:
Verified
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
Q36: A company that fails to manage its
Q38: What might not be considered as a
Q39: In the face of strong competition from
Q40: Identify at least three factors that can
Q41: Imagine that you are the manager of
Q42: For a backward vertical integration strategy into