What is it called when a business gains a significant impact on market share by being the first to market giving it a competitive advantage?
A) Primary market
B) Competitive market
C) Primary advantage
D) First-mover advantage

Question

Quizplus · Accepted Answer

First-mover advantage refers to the significant impact on market share that a business gains by being the first to market, giving it a competitive advantage over its rivals.

What Is It Called When a Business Gains a Significant