Multiple Choice
First-mover disadvantages (or late-mover advantages) rarely arise when?
A) Rapid market evolution gives fast followers an opening to leapfrog the pioneer with next-generation products of their own
B) The market response is strong and the pioneer gains a monopoly position that enables it to recover its investment
C) The marketplace remains skeptical about the benefits of a new technology or product being pioneered by a first mover
D) The costs of pioneering are much higher than being a follower and only negligible learning/experience curve benefits accrue to the pioneer
E) The pioneer's products are somewhat primitive and do not live up to buyer expectations,allowing clever followers to win disenchanted buyers with better-performing products
Correct Answer:

Verified
Correct Answer:
Verified
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