Acme Products was late to enter the desk height adjuster market.However,Acme has vast financial resources compared to the 2 other small companies in this new market.Which of the following best represents Acme's chances of success?
A) Slim because it is a late entrant into the market.
B) Excellent because it can outspend the other companies in further development and marketing of the product.
C) Acme's chances of success cannot be determined.
D) Acme's chances of success are exactly equal to those of the other companies.

Question

Quizplus · Accepted Answer

Acme's vast financial resources give them a competitive advantage in the market, allowing them to outspend and invest more in the development and marketing of the product. This can increase their chances of success even though they were late entrants into the market.

Acme Products Was Late to Enter the Desk Height Adjuster