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    Exam 3: Generating and Exploiting New Entries
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    List the Five Main First-Mover Advantages and Identify the Three
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List the Five Main First-Mover Advantages and Identify the Three

Question 21

Question 21

Essay

List the five main first-mover advantages and identify the three main disadvantages of being a first-mover. 

Correct Answer:

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Advantages:
Cost advantages
Less competi...

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