The strategic advantage that can follow from taking an action that adapts to your rival's choice is a:
A)reflex gain.
B)second-mover advantage.
C)reaction advantage.
D)lagged gain.

Question

Quizplus · Accepted Answer

The second-mover advantage refers to the benefit that comes from observing and responding to the actions of the first mover or rival. By adapting to the rival's choice, a firm can avoid the mistakes made by the first mover and create a more optimal strategy. Therefore, B is the correct answer.

The Strategic Advantage That Can Follow from Taking an Action