In general, what is required in increasing return industries in order to be successful?
A) establish smaller-scale operations
B) build your established base over time
C) be a first mover
D) all of the above

Question

Quizplus · Accepted Answer

In increasing return industries, being a first mover is crucial because it allows a company to establish a dominant position and benefit from economies of scale, network effects, and customer loyalty before competitors enter the market.

In General, What Is Required in Increasing Return Industries in Order