Which of the following is not a true statement?
A) First movers are the first to recover the costs of a new technology.
B) First movers have higher pioneering costs than do later entrants.
C) Later entrants can avoid the mistakes of first movers.
D) Later entrants have lower pioneering costs than do first movers.
E) First movers are more likely to make mistakes than are later entrants.

Question

Quizplus · Accepted Answer

First movers may have higher pioneering costs than later entrants because they are investing in new technology or markets without the benefit of prior experience. However, they may not always be the first to recover these costs, as later entrants may learn from the mistakes of first movers and benefit from a more established market. Therefore, statement A is not always true.

Which of the Following Is Not a True Statement