Verdure Westerns, a retailer, recently employed a unique data management system that automatically transfers order information to the relevant vendor. This system enables the company to smoothly convey information without any manual effort, thereby reducing the labor costs of the company. By employing this new data management system, Verdure Westerns has most likely achieved _____.
A) competitive inertia
B) strategic dissonance
C) first-mover advantage
D) second-mover advantage

Question

Quizplus · Accepted Answer

By employing a unique data management system, Verdure Westerns has likely achieved a first-mover advantage, as it is the first among its competitors to implement such a system. This has allowed the company to streamline its operations and reduce labor costs, giving them an edge over competitors who have yet to implement similar systems. Competitive inertia and strategic dissonance are not applicable in this scenario, and there is no indication that Verdure Westerns is following the lead of a competitor, ruling out a second-mover advantage.

Verdure Westerns, a Retailer, Recently Employed a Unique Data Management