Multiple Choice
An advantage of being a first mover is that:
A) the pioneering costs are minimal.
B) there are well-defmed distribution channels.
C) there is no risk of building the wrong resources.
D) the focus is always on the mass market.
E) there is an opportunity to increase sales volume ahead of rivals.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: There is a set of fixed specifications
Q9: Ownership of an industry standard that is
Q9: In many high-tech industries, the fixed costs
Q11: What are technical standards, why are they
Q15: The law of diminishing returns states that
Q22: One important advantage of being a first
Q33: Mathernatica 1.0 was one of the most
Q48: Libra Electronics has invented a new technology
Q55: One strategy for success in high-tech industries
Q59: Even if they are constrained by a