Which of the following is NOT an advantage available to pioneers in product-markets?
A)Economies of scale and experience
B)High switching costs for early adopters
C)Distribution advantage
D)Minimum product acceptance risk

Question

Quizplus · Accepted Answer

Pioneers in product-markets often face significant product acceptance risk as they are the first to introduce a new product or concept to the market, making it uncertain how well it will be received by consumers.

Which of the Following Is NOT an Advantage Available to Pioneers