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    Strategic Management
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    Exam 5: Business-level Strategy: Creating and Sustaining Competitive Advantages
  5. Question
    An Important Advantage of First Movers in a Market Is
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An Important Advantage of First Movers in a Market Is

Question 21

Question 21

True/False

An important advantage of first movers in a market is that they may establish brand recognition that may later serve as an important switching cost.

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