Which of the following statements is true regarding first movers?
A) First movers can build brand loyalty so long as technology characteristics are inimitable.
B) Low switching costs work in favor of first movers.
C) First movers are often more successful than later entrants.
D) First movers can preemptively capture scarce resources.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is true regarding first movers?
A) First movers can build brand loyalty so long as technology characteristics are inimitable.
B) Low switching costs work in favor of first movers.
C) First movers are often more successful than later entrants.
D) First movers can preemptively capture scarce resources.

Which of the Following Statements Is True Regarding First Movers