Business, 13.03.2020 00:49, endyrocks19
Late-mover advantages (or first-mover disadvantages) are not likely to arise when: Multiple Choice
a. Opportunities exist for a blue-ocean strategy to invent a new industry or distinctive market segment that creates altogether new demand.
b. The marketplace is skeptical about the benefits of a new technology or product being pioneered by a first-mover.
c. Technological change is rapid and fast-following rivals find it easy to leapfrog the pioneer with next-generation products of their own.
d. The costs of pioneering are much higher than being a follower and only negligible learning/experience benefits accrue to the pioneer.
e. The pioneer's products are somewhat primitive and are easily bested by late movers.
Answers: 1
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