By delaying entry,late movers:
A) can learn from the actions of first movers without incurring the same costs.
B) have less information about market demand.
C) secure the window of opportunity.
D) can avoid high entry barriers.

Question

By delaying entry,late movers: 
A) can learn from the actions of first movers without incurring the same costs.
B) have less information about market demand.
C) secure the window of opportunity.
D) can avoid high entry barriers.

Quizplus · Accepted Answer

Delaying entry allows late movers to observe the actions and strategies of first movers, giving them the opportunity to learn from their mistakes and successes without incurring the same costs. This can help them to make better-informed decisions about market demand, how to navigate barriers to entry, and how to secure a window of opportunity.

By Delaying Entry,late Movers