An early entrant into a new foreign market faces the following disadvantages except ____.
A) uncertainties of the new market
B) unfamiliarity with the new market
C) opportunities to learn from others
D) limited competition

Question

Quizplus · Accepted Answer

An early entrant into a new foreign market may face uncertainties and unfamiliarity with the new market. However, they also have opportunities to learn from others who have already entered the market. Additionally, early entrants may benefit from limited competition as they establish themselves in the market. Therefore, the correct answer is C, as it is not a disadvantage.

An Early Entrant into a New Foreign Market Faces the Following