Multiple Choice
Because when to make a strategic move can be just as important as what move to make,a company's best option with respect to timing is
A) to be the first mover.
B) to be a fast follower.
C) to be a late mover (because it is cheaper and easier to imitate the successful moves of the leaders and moving late allows a company to avoid the mistakes and costs associated with trying to be a pioneer-first-mover disadvantages usually overwhelm first-mover advantages) .
D) to be the last-mover-playing catch-up is usually fairly easily and nearly always much cheaper than any other option.
E) to carefully weigh the first-mover advantages against the first-mover disadvantages and act accordingly.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The Achilles' heel (or biggest disadvantage/pitfall)of relying
Q38: A good example of vertical integration is:<br>A)
Q56: What is a blue-ocean strategy and what
Q58: Which of the following ways are employed
Q60: Which of the following is not a
Q61: Which of the following rivals make the
Q62: Merger and acquisition strategies<br>A) are nearly always
Q66: An offensive to yield good results can
Q67: The two big drivers of outsourcing are<br>A)
Q107: Outsourcing strategies can offer such advantages as<br>A)increasing